PR Newswire
RADNOR, Pa., Nov. 3, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that, as a result of a recent and favorable settlement with Boeing Commercial Airplanes related to pricing on its Interiors contracts, TRIUMPH will delay the issuance of its second quarter of fiscal 2025 results and investor conference call previously scheduled for Monday, November 4, 2024 to Tuesday, November 12, 2024 at 8:30 a.m. ET, as additional time is required to finalize the accounting for this Interiors contract. Based on this agreement, TRIUMPH expects to update its fiscal year 2025 guidance.
Live Webcast scheduled for 8:30 AM ET on November 4, 2024
RADNOR, Pa., Oct. 21, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release second quarter fiscal year 2025 earnings on November 4, 2024, 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 Second Quarter Fiscal Year 2025 Earnings Conference Call
When:
8:30 a.m. ET on Monday, November 4, 2024
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
Archive:
For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
RADNOR, Pa., Aug. 20, 2024 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] today announced that Mark C. Cherry was elected to the Board of Directors as an independent director at its Annual Meeting of Stockholders on August 8, 2024.
Mr. Cherry currently serves as Chief Executive Officer of Align Precision Group, a manufacturer of precision-milled structural components for the Aerospace, Defense, and Semi-Conductor industries. Mr. Cherry previously worked at Boeing, serving as Vice President and General Manager of Vertical Lift from April 2021 to December 2022 and Vice President and General Manager of Phantom Works from November 2017 to April 2021. From September 2012 to November 2017, he was President and Chief Operating Officer at Aurora Flight Sciences. He previously held leadership roles at Sikorsky Aircraft, Teradyne, and the Boston Consulting Group. Mr. Cherry received a Bachelor of Science in Engineering Mechanics from the United States Air Force Academy, a Master of Science in Aeronautical and Systems Engineering from the Air Force Institute of Technology, and a Master of Business Administration from Stanford University.
Live Webcast scheduled for 8:30 AM ET on August 7, 2024
RADNOR, Pa., July 23, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release first quarter fiscal year 2025 earnings on August 7, 2024, 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 First Quarter Fiscal Year 2025 Earnings Conference Call
When:
8:30 a.m. ET on Wednesday, August 7, 2024
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
Archive:
For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
RADNOR, Pa., July 19, 2024 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] recently selected Mike Boland, formerly President, Actuation Products and Services (APS), to fill a newly created Chief Operating Officer with responsibility for Operations, Quality, Execution Assurance, and the TRIUMPH Operating System. Mike also assumes responsibility for the Supply Chain function formerly led by Craig Cooper. Natasha Trudeau, previously General Manager, TRIUMPH APS at Yakima, Washington assumed the role of President, Actuation Products and Services as Mike transitioned to the COO new role.
RADNOR, Pa., July 17, 2024 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced its Geared Solutions business has been awarded a contract to provide the Auxiliary Gearbox from GE Aerospace for the F404 afterburning turbofan engine with potential future use on multiple applications, including the T7-A, T-50, and TAI Hurjet platforms. TRIUMPH is a long-standing engineering and manufacturing partner with GE on military and commercial gearbox applications. This work will be performed at TRIUMPH's facility in Macomb, Michigan.
Moody's Ratings upgrades to B3S&P Global Ratings upgrades to B-
RADNOR, Pa., July 1, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") is pleased to share that both Moody's Ratings (Moody's) and S&P Global Ratings (S&P) have upgraded the Company's credit ratings.
Moody's upgraded TRIUMPH's corporate family rating to B3 from Caa1 on June 28th citing materially reduced leverage from paying off the 2025 notes in their entirety and a portion of the 2028 notes. S&P upgraded TRIUMPH's issuer credit rating to B- from CCC+ on June 6th referencing lower debt and favorable market conditions. Both credit agencies rate TRIUMPH with a stable outlook.
PROVIDES FISCAL YEAR 2025 GUIDANCE
RADNOR, Pa., May 23, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its fourth quarter and fiscal 2024, which ended March 31, 2024.
Fourth Quarter Fiscal 2024
Net sales of $358.6 million; organic sales growth of 11%Operating income of $44.8 million with operating margin of 12.5%; adjusted operating income of $55.8 million with adjusted operating margin of 15.6%Net income from continuing operations of $5.5 million, or $0.07 per diluted share; adjusted net income from continuing operations of $23.3 million, or $0.31 per diluted shareAdjusted EBITDAP of $58.3 million with Adjusted EBITDAP margin of 16.3%Cash provided by operations of $77.7 million and free cash flow of $72.1 millionLive Webcast scheduled for 8:30 AM ET on May 23, 2024
RADNOR, Pa., May 13, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2024 earnings on May 23, 2024, 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 Fourth Quarter Fiscal Year 2024 Earnings Conference Call
When:
8:30 a.m. ET on Thursday, May 23, 2024
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
Archive:
For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
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