TriMas Reports Fourth Quarter and Full Year 2023 Results
TriMas Corporation (TRS)
Last trimas corporation earnings: 4/30 08:00 am
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US:NASDAQ Investor Relations:
ir.trimascorp.com
Company Research
Source: Business Wire
Company Achieves 7.5% Growth in the Packaging Segment in Fourth Quarter BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December 31, 2023.TriMas HighlightsAchieved quarterly net sales of $209.6 million, or growth of 3.1%, as compared to the prior year quarterIncreased net sales within TriMas' Packaging and Aerospace groups by 7.5% and 26.1%, respectively, as compared to fourth quarter 2022Initiated a sale process for Arrow Engine, which when completed, would facilitate the Company's exit from the oil and gas end marketDelivered an approximate 2.2% return of capital to shareholders through share buybacks and dividends in 2023"As we concluded 2023, we were pleased by the ongoing upward trend in our order intake, sales and conversion within our TriMas Aerospace group, and also by our TriMas Packaging group's gains in order intake momentum," said Thomas Amato, TriMas President and Chief Executiv
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News
- TriMas Packaging Receives Silver Award as Strategic Supplier [Yahoo! Finance]Yahoo! Finance
- TriMas Packaging Receives Silver Award as Strategic SupplierBusiness Wire
- TriMas Declares Quarterly DividendBusiness Wire
- TriMas Packaging Group to Exhibit at LUXE PACK New York and China Beauty Expo [Yahoo! Finance]Yahoo! Finance
- TriMas Packaging Group to Exhibit at LUXE PACK New York and China Beauty ExpoBusiness Wire
TRS
Earnings
- 2/29/24 - Miss
TRS
Sec Filings
- 4/11/24 - Form 4
- 3/28/24 - Form ARS
- 3/28/24 - Form DEFA14A
- TRS's page on the SEC website