tgicomm@triumphgroup.com
News
TRIUMPH EXTENDS AND EXPANDS BAES M777 HOWITZER PROGRAM ROLE
Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] Systems, Electronics and Controls announced today it has extended its agreement as a strategic supplier to BAE Systems and the US Army in support of the M777 Lightweight Howitzer platform supplying critical spare Primer Feed Mechanism components. Since 2022, TRIUMPH has shipped 2,365 units and have 938 units on order including the more recent award of an additional 525 units. "Our continuing partnership affirms TRIUMPH's commitment to delivering battle-proven solutions that enhance the performance and reliability of critical defense systems. Continuing our support for the Howitzer artillery platform, we remain dedicated to providing precision-engineered components that meet the highest standards of quality and durability for the warfighter," said Justin Wolfanger, President, TRIUMPH Systems, Electronics and Controls. TRIUMPH Systems, Electronics and Controls designs, develops, manufactures, repairs, and overhauls a broad portfolio of aviation
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 EXTENDS AND EXPANDS BAES M777 HOWITZER PROGRAM ROLE
Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] Systems, Electronics and Controls announced today it has extended its agreement as a strategic supplier to BAE Systems and the US Army in support of the M777 Lightweight Howitzer platform supplying critical spare Primer Feed Mechanism components. Since 2022, TRIUMPH has shipped 2,365 units and have 938 units on order including the more recent award of an additional 525 units. "Our continuing partnership affirms TRIUMPH's commitment to delivering battle-proven solutions that enhance the performance and reliability of critical defense systems. Continuing our support for the Howitzer artillery platform, we remain dedicated to providing precision-engineered components that meet the highest standards of quality and durability for the warfighter," said Justin Wolfanger, President, TRIUMPH Systems, Electronics and Controls. TRIUMPH Systems, Electronics and Controls designs, develops, manufactures, repairs, and overhauls a broad portfolio of aviation
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
