TriMas reported a 5.4% increase in net sales to $227.1 million for Q1 2024. The company saw growth in its Packaging and Aerospace segments, while Specialty Products experienced a decline. Adjusted diluted EPS increased by 5.7% to $0.37. The company reaffirms full year 2024 guidance.
Net sales increased by 5.4% to $227.1 million.
TriMas Packaging net sales increased by 9.3%, and TriMas Aerospace net sales increased by 34.7%.
Adjusted diluted EPS increased 5.7% to $0.37.
The company reaffirms full year 2024 guidance.
The Company reaffirms its full year 2024 outlook provided on February 29, 2024. The Company expects full year 2024 adjusted diluted earnings per share to be between $1.95 to $2.15 per share.
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