TriMas Fastener Sales Flat
November 15
00:00
2006
TriMas Fastener Sales Flat
Jason Sandefur
TriMas Corp. reported aerospace fastener sales stayed flat “due to the impact of an eight day labor strike in July 2006.” Revenue at TriMas” industrial products climbed 10.4% to $44.6 million during the third quarter of 2006, while segment operating profit increased to $9.9 million.
Nine-month revenue of industrial products increased to $136.1 million, while segment operating profit rose to $28.2 million.
Overall Q3 revenue dipped to $244.6 million during the third quarter of 2006, while operating profit climbed to $26.4 million.
Sales during the first nine months of 2006 rose to $797.3 million, but net income dropped to a loss of 5.9 million. Web: trimascorp.com �2006 FastenerNews.com
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