TriMas Corp. (TRS) Tops Q3 EPS by 6c, Revenues Beat

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TriMas Reports Third Quarter 2020 Results

October 29, 2020 8:00 AM EDT

TriMas' Packaging Group Posts Second Consecutive Record Sales and Operating Profit Quarter

Announces Packaging Group Acquisition of Affaba & Ferrari

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2020.

TriMas Highlights

Increased third quarter net sales by 5.9%, driven by record sales in TriMas' Packaging group Generated third quarter net cash provided by operating activities from continuing operations of $48.3 million, an increase of 73.4% compared to $27.8... More