BLOOMFIELD HILLS, Mich., Feb. 27, 2018 (GLOBE NEWSWIRE) — TriMas (NASDAQ:TRS) today announced financial results for the quarter and year ended December 31, 2017.
2017 Highlights
-Increased net sales by 3.0% to $817.7 million with sales increases in all segments
-Increased operating profit to $88.5 million, while operating profit, excluding Special Items(1), increased by 12.3% to $106.3 million
-Increased net cash provided by operating activities by 49.2% to $120.1 million compared to 2016
-Reduced total debt by $71.6 million, or 19.1%, to $303.1 million compared to December 31, 2016(…)
via Trimas Reports Fourth Quarter and Full Year 2017 Results Nasdaq:TRS.