TriMas Reports Third Quarter 2024 Results
TriMas Corporation (TRS)
Last trimas corporation earnings: 4/30 08:00 am
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US:NASDAQ Investor Relations:
ir.trimascorp.com
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Source: Business Wire
Continued Organic Sales Growth in its Two Largest Segments BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2024.TriMas Third Quarter HighlightsAchieved core sales growth within its Packaging and Aerospace segments of 12.3% and 4.8%, respectivelyContinued to experience sales recovery in the beauty & personal care and industrial packaging end markets, which were impacted most in 2023Resolved 10-week work stoppage at one of its Aerospace locations, which impacted the quarterReduced net shares outstanding by approximately 1.6% year-to-date through common stock repurchases"While we are pleased with the core sales growth in our two largest groups, TriMas Packaging and TriMas Aerospace, we believe there is additional upside potential in conversion rates as actions underway are anticipated to deliver further benefits in 2025," said Thomas Amato, TriMas President and Chief Executive Officer. "Within o
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News
- Aerospace Fastener Market Thrives with Increasing Aircraft Production and Air Travel, Projected to Reach USD 16,493.4 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- TriMas Enhances Operational Efficiency With Facility Launch in China [Yahoo! Finance]Yahoo! Finance
- TriMas Packaging Unveils New State-of-the-Art Facility in Haining, ChinaBusiness Wire
- TriMas Announces Winner of Its Annual Kaizen Challenge [Yahoo! Finance]Yahoo! Finance
- TriMas Announces Winner of Its Annual Kaizen ChallengeBusiness Wire
TRS
Earnings
- 11/4/24 - Miss
TRS
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 144
- 11/18/24 - Form 4
- TRS's page on the SEC website