TI Fluid Systems shares climb after update
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Shares in automotive fluids storage manufacturer TI Fluid Systems (LON:TIFS) climbed 5.03% to 169.10p (as of 12:00 GMT) after the company confirmed that results for the year ended 31st December would meet expectations and revenues would be in the region of €3.5 billion. The company said that sales growth on a constant currency basis would outperform the wider industry by around 3%.
Management said that they were confident heading into 2019 and that a more detailed outlook would be published alongside the 2018 results in March.
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