Barnes (B) - 2024 Q1 - Quarterly Results

Exhibit 99.1 860.583.7070 | info@onebarnes.com onebarnes.com BARNES REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Long-term Profitable Growth Strategy Driving a More Aerospace Oriented Business Comparisons are year-over-year unless noted otherwise First Quarter 2024: • Sales of $431 million, up 28%; Organic Sales up 4% • Operating Margin of 9.2%; Adjusted Operating Margin of 11.9%, up 80 bps • Adjusted EBITDA Margin of 18.7%, up 130 bps • GAAP EPS of $0.04; Adjusted EPS of $0.38, down 19% 2024 Outlook: • Sal ...