TriMas Corp. (TRS) Tops Q2 EPS by 2c

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Go back to TriMas Corp. (TRS) Tops Q2 EPS by 2c

TriMas Reports Second Quarter 2018 Results

August 7, 2018 8:00 AM EDT

BLOOMFIELD HILLS, Mich., Aug. 07, 2018 (GLOBE NEWSWIRE) -- TriMas (NASDAQ: TRS) today announced financial results for the quarter ended June 30, 2018.

Second Quarter 2018 Highlights

Increased net sales by 5.4% to $224.9 millionIncreased operating profit to $31.5 million, while adjusted operating profit(1) increased by 5.3% to $32.1 millionIncreased diluted EPS to $0.42, while adjusted diluted EPS(1) increased by 20.0% to $0.48Reduced total debt by $53.5 million to $293.0 million compared to $346.5 million as of June 30, 2017

Second Quarter 2018

TriMas reported second quarter net sales of $224.9 million, an... More