Barnes (B) - 2024 Q3 - Quarterly Results
Barnes (B)2024-10-25 10:47Exhibit 99.1 Barnes 860.583.7070 | info@onebarnes.com onebarnes.com BARNES REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS Strong Aerospace Aftermarket Drives Top-line Growth Comparisons are year-over-year unless noted otherwise Third Quarter 2024: • Sales of $388 million, up 7%; Organic Sales up 4% • Operating Margin of 10.8%; Adjusted Operating Margin of 12.3%, up 150 bps • Adjusted EBITDA Margin of 19.8%, up 140 bps • GAAP EPS of -$0.04; Adjusted EPS of $0.09, down 52% October 25, 2024 BRISTOL, Conn., - Bar ...