Trifast PLC (LSE:TRI) delivered a resilient interim performance despite a challenging macroeconomic backdrop, with the company reaffirming full-year expectations and its medium-term ambition of achieving double-digit margins. The investor update highlighted solid gross margin expansion of 150bps and an improved EBIT margin of 6.2% (7.2% underlying), supported by disciplined margin management, pricing actions, and operational efficiency gains. While revenue softened across regions due to tariff uncertainty, automotive market weakness, and external disruptions—including a major OEM cyberattack—growth sectors such as smart infrastructure and medical equipment delivered strong, double-digit gains. The company emphasized its focused growth strategy, including a new government-approved investment in Saudi Arabia to support long-term smart infrastructure demand, and ongoing wins in high-margin, higher-growth end markets. Trifast also reinforced its commitment to self-help initiatives, leveraging digitalization, supply-chain technology, ERP rollout, and shared-service efficiencies to improve working capital, strengthen the order book, and enhance EBITDA quality. The balance sheet remains robust, with leverage at 0.9x, strong liquidity headroom, and increased capital investment in digitization projects to drive future scalability. With continued cost discipline, regional margin improvements, and portfolio diversification away from lower-margin sectors, Trifast positions itself for sustainable revenue growth and margin expansion as market conditions stabilize.