trifast plc said thursday that it expects adjusted pretax profit for fiscal 2023 below market expectations despite a revenue forecast ahead of views due to inflationary pressures and price recovery lag the uk maker and distributer of industrial fastenings said adjusted pretax profitwhich strips out exceptional and other oneoff itemsfor the year ending march 31 will come around 10 below the companyprovided market expectations of 163 million pounds 183 million the company said that it is focusing on both cost management and pricing actions to mitigate the impact of significant cost increases we continue to believe that the groups fy 2023 profitability will be weighted towards the second half of the year reflecting the continued commercial momentum the board currently expects fy 2023 group revenue to be slightly ahead of its previous expectations the company added shares at 0746 gmt were down 24 pence or 33 at 694 pence