Triumph (US:TGI)2021-11-09 18:11Financial Performance - Net sales decreased from $482 million to $357 million in Q2 FY'22 [15] - Operating income increased from $7 million to $16 million in Q2 FY'22 [16] - Adjusted operating income increased from $21 million to $28 million in Q2 FY'22 [18] - Adjusted operating margin improved from 4% to 8% year-over-year [19] - Systems & Support revenue decreased from $254 million to $249 million [22, 23] - Aerospace Structures revenue decreased from $229 million to $109 million [27] MRO Services - MRO Services increased 20% year-over-year in Systems & Support [23, 5] Backlog and New Business - The company has a backlog of $194 billion as of September 30, 2021 [5] - New business wins totaled $125 billion for the quarter [9] Guidance - The company expects revenue between $15 billion and $16 billion for FY'22 [56] - The company expects free cash flow to be between $(135) million and $(150) million for FY'22 [56]