TriMas Corp. (TRS) Tops Q1 EPS by 3c

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Go back to TriMas Corp. (TRS) Tops Q1 EPS by 3c

TriMas Reports First Quarter 2018 Results

April 26, 2018 8:00 AM EDT

BLOOMFIELD HILLS, Mich., April 26, 2018 (GLOBE NEWSWIRE) -- TriMas (NASDAQ: TRS) today announced financial results for the quarter ended March 31, 2018.

First Quarter 2018 Highlights

Increased net sales by 8.6% to $217.1 million, with organic sales growth in all segmentsIncreased operating profit to $35.2 million, while adjusted operating profit(1) increased by 16.9% to $28.1 millionIncreased diluted EPS to $0.53, while adjusted diluted EPS(1) increased by 36.7% to $0.41Reduced total debt by $65.2 million, or 17.8%, to $301.7 million compared to March 31, 2017

First Quarter 2018

TriMas reported first quarter... More