TriMas Reports Q3 2024 Earnings with Mixed Performance Across Segments
TriMas (TRS) reported Q3 2024 earnings with consolidated sales of $229 million, a 2.5% decline driven by weakness in the Specialty Products segment. The Packaging segment saw a 12% sales increase, while the Aerospace segment grew 5% despite a 10-week work stoppage. The Specialty Products segment experienced a significant drop in sales to $28 million.
Tickers: $TRS
Topics: earnings EBITDA restructuring sales segment performance work stoppage