TriMas (TRS) - 2021 Q1 - Earnings Call Presentation

Q1 2021 Financial Performance - Net sales increased by 13.1% due to acquisitions and organic growth in the TriMas Packaging segment[8] - Operating profit increased 21.3%, driven by higher sales offsetting increased input costs[8] - Q1 EPS reached $0.40, a 17.6% increase compared to Q1 2020[8] - Adjusted EBITDA increased by $5.3 million due to higher sales[8] Balance Sheet and Cash Flow - Total debt was $690.2 million[11] - Cash was $421.1 million[11] - Net debt was $269.1 million[11] - Q1 Free Cash Flow was $10.3 million[11, 12] Segment Results - TriMas Packaging net sales increased to $132.1 million in Q1 2021 from $100.1 million in Q1 2020[15] - TriMas Aerospace net sales decreased to $44.6 million in Q1 2021 from $48.9 million in Q1 2020[18] - TriMas Specialty Products net sales decreased to $30.0 million in Q1 2021 from $33.8 million in Q1 2020[22]