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Stock impact report

TriMas Reports First Quarter 2020 Results

TriMas Corporation (TRS) 
Last trimas corporation earnings: 4/30 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.trimascorp.com
Company Research Source: Business Wire
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2020.TriMas HighlightsIncreased first quarter net sales by 5.4%, driven by acquisitions and solid organic growth in TriMas' Packaging groupDelivered first quarter diluted EPS from continuing operations of $0.30, while adjusted diluted EPS from continuing operations(1) was $0.34Completed 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 product lines, on April 17, 2020Repurchased approximately 2.8% of its outstanding common stock during first quarter 2020"Before we discuss our first quarter financial results, I would like to address the current global crisis resulting from the COVID-19 pandemic," said Thomas Amato, TriMas President and Chief Executive Officer. "First and foremost, we are foc Show less Read more
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