Ann: Half Year Results Media Release, page-2

Boy, with that kind of woeful result, I can see zero reason for Allensford to increase their offer for the company.

They’ve got the TRS Group board firmly over a barrel.


Cost of Doing Business, the thing over which TRS management have control, has shown no response to the external pressure impacting the business, with CoDBto-Sales rising by a full 160 basis points.

The shareholder value destruction over an extended period of time, under this excessively remunerated board and management team, is of simply eye-popping proportions.