TriMas Corp. (TRS) Tops Q1 EPS by 4c, Revenues Beat
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TriMas Reports First Quarter 2020 Results
April 30, 2020 8:00 AM EDTBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2020.
TriMas Highlights
Increased first quarter net sales by 5.4%, driven by acquisitions and solid organic growth in TriMas' Packaging group Delivered first quarter diluted EPS from continuing operations of $0.30, while adjusted diluted EPS from continuing operations(1) was $0.34 Completed the acquisitions of RSA Engineered Products, a manufacturer of complex, highly-engineered products used in aerospace and defense applications, on February 27, 2020, and Rapak, a provider of bag-in-box packaging... More