Brief: TriMas Reports First Quarter 2023 Results

TriMas

27/04/2023 14:31

April 27 (Reuters) - TriMas Corp  TRS.O :
    * TRIMAS REPORTS FIRST QUARTER 2023 RESULTS
    * TRIMAS CORP - REPORTED Q1 2023 NET SALES OF $215.5
MILLION, A
DECREASE OF 3.9% COMPARED TO $224.3 MILLION IN Q1 2022
    * TRIMAS CORP - COMPANY REAFFIRMS ITS FULL YEAR 2023 OUTLOOK
PROVIDED ON FEBRUARY 23, 2023
    * TRIMAS CORP - TARGETING FULL YEAR 2023 FREE CASH FLOW TO
BE
GREATER THAN 100% OF NET INCOME
    * TRIMAS - INITIATING STEPS WITHIN TRIMAS PACKAGING TO
OPTIMIZE
OUR COST STRUCTURE, POSITIONING US TO CAPITALIZE ON OPERATING
LEVERAGE GAINS IN 2024
    * TRIMAS CORP - WE CONTINUE TO EXPECT A DEMAND RECOVERY
WITHIN
TRIMAS PACKAGING AS WE MOVE THROUGH 2023

Source text for Eikon:  ID:nBw9HxdsYa 
Further company coverage:  TRS.O 

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