tgicomm@triumphgroup.com
News
TRIUMPH REPORTS STRONG THIRD QUARTER FISCAL 2025 RESULTS
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its third quarter of fiscal 2025, which ended December 31, 2024. Third Quarter Fiscal 2025 Net sales of $315.6 million; sales growth of 11%
Operating income of $39.3 million with operating margin of 12%; adjusted operating income of $45.7 million with adjusted operating margin of 14%
Income from continuing operations of $14.6 million, or $0.19 per diluted share; adjusted income from continuing operations of $21.0 million, or $0.27 per share
Adjusted EBITDAP of $55.5 million with Adjusted EBITDAP margin of 18%
Cash flow from operations of $33.1 million and free cash flow of $32.3 million "TRIUMPH achieved 18% EBITDAP margins in its eleventh consecutive quarter of year-over-year sales growth," said Dan Crowley, TRIUMPH's chairman, president and chief executive officer. "Commercial and military aftermarket sales from our IP-based
TRIUMPH to be Acquired by Affiliates of Warburg Pincus and Berkshire Partners in an All-Cash Transaction Valued at Approximately $3 Billion
TRIUMPH Shareholders to Receive $26.00 in Cash Per Share Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion. Upon completion of the transaction, TRIUMPH will become a privately held Company, jointly controlled by Warburg Pincus and Berkshire Partners. Under the terms of the agreement, TRIUMPH shareholders will receive $26.00 per share in cash. The purchase price represents a premium of approximately 123% over the Company's unaffected closing stock price 1 and a premium of approximately 58% over the volume weighted average price (VWAP) of TRIUMPH common stock for the 90 days prior to January 31, 2025. "We are pleased to have reached this agreement, which reflects the culmination of the Board's robust process
TRIUMPH to Webcast Third Quarter Fiscal Year 2025 Earnings Conference Call
(NYSE: TGI) will release third quarter fiscal year 2025 earnings on February 10, 2025, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast. What:
TRIUMPH Third Quarter Fiscal Year 2025 Earnings Conference Call
When:
8:30 a.m. ET on Monday, February 10, 2025
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install
TRIUMPH ACTUATION DELIVERS RECORD SHIPMENTS
Triumph Group, Inc. (TRIUMPH) [NYSE: TGI] Actuation Products and Services business delivered over $28M in aftermarket shipments in its Fiscal Year to date in support of Boeing 787 and Airbus A380 Landing Gear overhaul activity, the highest level achieved to date. TRIUMPH designed, provides, and services the entire landing gear hydraulic actuation suite for both the B787 and A380 aircraft. TRIUMPH's Boeing 787 landing gear system includes nose wheel steering, extend and retract actuation, truss bracing, truck positioning, uplocks, door actuation, control valves and a ground service panel. As early production units of the Boeing 787 fleet reach 12 years in service, demand for mandatory heavy landing gear overhaul requirements is triggered. Over 500 aircraft are expected to be inducted over the next 5 years for landing gear maintenance. The expanded use of the A380 platform in support of increasing commercial air traffic also benefitted TRIUMPH's aftermarket sales, particularly for wing
TRIUMPH REPORTS STRONG SECOND QUARTER FISCAL 2025 RESULTS AND RAISES FY25 GUIDANCE
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its second quarter of fiscal 2025, which ended September 30, 2024. Second Quarter Fiscal 2025 Net sales of $287.5 million; sales growth of 1% Operating income of $32.4 million with operating margin of 11%; adjusted operating income of $36.0 million with adjusted operating margin of 13% Net income from continuing operations of $11.9 million, or $0.15 per diluted share; adjusted net income from continuing operations of $15.4 million, or $0.20 per share Adjusted EBITDAP of $42.6 million with Adjusted EBITDAP margin of 15% Cash used in operations of ($38.4) million and free cash use of ($44.7) million. Cash and available liquidity was $148 million at September 30th. Fiscal 2025 Guidance Net sales of approximately $1.2 billion Increasing operating income to a range of $140.5 million to $145.5 million, reflecting operating margin of 12% Increasing Adjusted EBITDAP to a range of $190.0
TRIUMPH POSTPONES SECOND QUARTER FISCAL 2025 RESULTS AND INVESTOR CONFERENCE CALL TO REFLECT INTERIORS PRICE AGREEMENT WITH BOEING COMMERCIAL AIRPLANES
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that, as a result of a recent and favorable settlement with Boeing Commercial Airplanes related to pricing on its Interiors contracts, TRIUMPH will delay the issuance of its second quarter of fiscal 2025 results and investor conference call previously scheduled for Monday, November 4, 2024 to Tuesday, November 12, 2024 at 8:30 a.m. ET, as additional time is required to finalize the accounting for this Interiors contract. Based on this agreement, TRIUMPH expects to update its fiscal year 2025 guidance. About TRIUMPH TRIUMPH, headquartered in Radnor, Pennsylvania, designs, develops, manufactures, repairs and provided spare parts across a broad portfolio of aerospace and defense systems and components. The Company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators. More information about TRIUMPH can be found on the
TRIUMPH REPORTS STRONG THIRD QUARTER FISCAL 2025 RESULTS
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its third quarter of fiscal 2025, which ended December 31, 2024. Third Quarter Fiscal 2025 Net sales of $315.6 million; sales growth of 11%
Operating income of $39.3 million with operating margin of 12%; adjusted operating income of $45.7 million with adjusted operating margin of 14%
Income from continuing operations of $14.6 million, or $0.19 per diluted share; adjusted income from continuing operations of $21.0 million, or $0.27 per share
Adjusted EBITDAP of $55.5 million with Adjusted EBITDAP margin of 18%
Cash flow from operations of $33.1 million and free cash flow of $32.3 million "TRIUMPH achieved 18% EBITDAP margins in its eleventh consecutive quarter of year-over-year sales growth," said Dan Crowley, TRIUMPH's chairman, president and chief executive officer. "Commercial and military aftermarket sales from our IP-based
TRIUMPH to be Acquired by Affiliates of Warburg Pincus and Berkshire Partners in an All-Cash Transaction Valued at Approximately $3 Billion
TRIUMPH Shareholders to Receive $26.00 in Cash Per Share Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion. Upon completion of the transaction, TRIUMPH will become a privately held Company, jointly controlled by Warburg Pincus and Berkshire Partners. Under the terms of the agreement, TRIUMPH shareholders will receive $26.00 per share in cash. The purchase price represents a premium of approximately 123% over the Company's unaffected closing stock price 1 and a premium of approximately 58% over the volume weighted average price (VWAP) of TRIUMPH common stock for the 90 days prior to January 31, 2025. "We are pleased to have reached this agreement, which reflects the culmination of the Board's robust process
TRIUMPH to Webcast Third Quarter Fiscal Year 2025 Earnings Conference Call
(NYSE: TGI) will release third quarter fiscal year 2025 earnings on February 10, 2025, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast. What:
TRIUMPH Third Quarter Fiscal Year 2025 Earnings Conference Call
When:
8:30 a.m. ET on Monday, February 10, 2025
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install
TRIUMPH ACTUATION DELIVERS RECORD SHIPMENTS
Triumph Group, Inc. (TRIUMPH) [NYSE: TGI] Actuation Products and Services business delivered over $28M in aftermarket shipments in its Fiscal Year to date in support of Boeing 787 and Airbus A380 Landing Gear overhaul activity, the highest level achieved to date. TRIUMPH designed, provides, and services the entire landing gear hydraulic actuation suite for both the B787 and A380 aircraft. TRIUMPH's Boeing 787 landing gear system includes nose wheel steering, extend and retract actuation, truss bracing, truck positioning, uplocks, door actuation, control valves and a ground service panel. As early production units of the Boeing 787 fleet reach 12 years in service, demand for mandatory heavy landing gear overhaul requirements is triggered. Over 500 aircraft are expected to be inducted over the next 5 years for landing gear maintenance. The expanded use of the A380 platform in support of increasing commercial air traffic also benefitted TRIUMPH's aftermarket sales, particularly for wing
TRIUMPH REPORTS STRONG SECOND QUARTER FISCAL 2025 RESULTS AND RAISES FY25 GUIDANCE
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its second quarter of fiscal 2025, which ended September 30, 2024. Second Quarter Fiscal 2025 Net sales of $287.5 million; sales growth of 1% Operating income of $32.4 million with operating margin of 11%; adjusted operating income of $36.0 million with adjusted operating margin of 13% Net income from continuing operations of $11.9 million, or $0.15 per diluted share; adjusted net income from continuing operations of $15.4 million, or $0.20 per share Adjusted EBITDAP of $42.6 million with Adjusted EBITDAP margin of 15% Cash used in operations of ($38.4) million and free cash use of ($44.7) million. Cash and available liquidity was $148 million at September 30th. Fiscal 2025 Guidance Net sales of approximately $1.2 billion Increasing operating income to a range of $140.5 million to $145.5 million, reflecting operating margin of 12% Increasing Adjusted EBITDAP to a range of $190.0
TRIUMPH POSTPONES SECOND QUARTER FISCAL 2025 RESULTS AND INVESTOR CONFERENCE CALL TO REFLECT INTERIORS PRICE AGREEMENT WITH BOEING COMMERCIAL AIRPLANES
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that, as a result of a recent and favorable settlement with Boeing Commercial Airplanes related to pricing on its Interiors contracts, TRIUMPH will delay the issuance of its second quarter of fiscal 2025 results and investor conference call previously scheduled for Monday, November 4, 2024 to Tuesday, November 12, 2024 at 8:30 a.m. ET, as additional time is required to finalize the accounting for this Interiors contract. Based on this agreement, TRIUMPH expects to update its fiscal year 2025 guidance. About TRIUMPH TRIUMPH, headquartered in Radnor, Pennsylvania, designs, develops, manufactures, repairs and provided spare parts across a broad portfolio of aerospace and defense systems and components. The Company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators. More information about TRIUMPH can be found on the
