Transdigm Q4 2020 Earnings Report
Key Takeaways
TransDigm Group's Q4 2020 results were significantly impacted by the COVID-19 pandemic. Net sales decreased by 23.9% to $1,173 million, and adjusted earnings per share decreased by 48.6% to $2.89. Despite these challenges, the company was able to sequentially expand its EBITDA As Defined margin to about 42.4% through careful cost management.
Net sales decreased by 23.9% to $1,173 million.
Earnings per share from continuing operations was $1.76.
Adjusted earnings per share decreased by 48.6% to $2.89.
EBITDA As Defined margin was 42.4%.
Transdigm
Transdigm
Forward Guidance
Given the considerable uncertainty around the extent and duration of business disruptions related to the COVID-19 pandemic, and how that will impact operations, the Company will not provide fiscal year 2021 guidance at this time.