TriMas Reports Third Quarter 2017 Results | News

Article by · 2017/10/27 ·

BLOOMFIELD HILLS, Michigan, October 26, 2017 – TriMas (NASDAQ: TRS) today announced financial results for the quarter ended September 30, 2017.
Third Quarter 2017 Highlights

-Increased net sales by 3.5% to $209.3 million
-Increased operating profit by 58.1% to $28.1 million, while operating profit, excluding Special Items,(1) increased by 2.3% to $28.8 million
-Increased diluted EPS by 52.6% to $0.29, while diluted EPS, excluding Special Items, increased by 11.4% to $0.39
-Reduced Total Debt of $336.6 million, less cash and cash equivalents of $24.8 million, by $68.1 million compared to September 30, 2016

(…)

via TriMas – TriMas Reports Third Quarter 2017 Results | 2017 | News.