TriMas sees FY26 revenue up 3%-6%

“As we prepare to complete the sale of TriMas (TRS) Aerospace, we are excited about the future of TriMas as a more focused and agile company. This transaction allows us to intensify our attention on our Packaging and Specialty Products businesses, both of which are well-positioned for continued growth and operational improvement. Our realignment and cost-out initiatives are already creating a stronger and more efficient foundation, and we expect these actions to drive meaningful margin expansion as we progress through 2026. We also look forward to deploying the Aerospace sale proceeds in ways that enhance long-term value for our shareholders, employees and customers. Consistent with this approach, we expect to use the proceeds to support organic growth investments, pursue strategically aligned acquisition opportunities and repurchase shares,” continued Snyder.