TriMas Corp. (TRS) Tops Q4 EPS by 3c, Offers Guidance

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TriMas Reports Fourth Quarter and Full Year 2021 Results

March 1, 2022 8:04 AM EST

Achieves Strong Sales, Earnings and Cash Flow in 2021
Company Provides 2022 Outlook

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December 31, 2021.

TriMas Highlights

Increased fourth quarter and full year 2021 sales by 11.1% and 11.3%, respectively, with record annual sales in TriMas' Packaging group Reported record annual cash flows from operating activities of $134.2 million Leveraged increased TriMas' Specialty Products sales to improve full year 2021 operating profit to... More