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Mar 31, 2020

Triumph Group Q4 2020 Earnings Report

Delivered positive free cash flow following multi-year restructuring.

Key Takeaways

Triumph Group reported a net sales of $693.1 million and a net loss of $75.1 million, or ($1.45) per share for Q4 2020. The company delivered positive free cash flow and made progress on exiting legacy programs in Aerospace Structures.

Delivered positive free cash flow.

Net sales of $693.1 million.

Net loss of $75.1 million, or ($1.45) per share.

Made strong progress executing plan to exit legacy programs in Aerospace Structures.

Total Revenue
$693M
Previous year: $869M
-20.2%
EPS
$0.69
Previous year: $1.15
-40.0%
Gross Profit
$136M
Previous year: $152M
-10.3%
Cash and Equivalents
$485M
Previous year: $92.8M
+423.1%
Free Cash Flow
$44.8M
Previous year: -$28.4M
-257.7%
Total Assets
$2.98B
Previous year: $2.85B
+4.4%

Triumph Group

Triumph Group

Forward Guidance

The Company is not providing financial guidance for its fiscal year ending March 31, 2021 at this time due to the uncertainty around the ultimate impact of COVID-19 on the global market and economic conditions.