TriMas Q4 adjusted EPS $0.56 (+19%), FY21 sales $857M (+11%), guides FY22 EPS $2.25-$2.35

TRIMAS CORP

2021-FY EPS reported $1.32 revenue$857,110,000

Full year 2021 sales $857.1M (+11.3% YoY); adjusted diluted EPS $2.24 (+16.7% YoY).
Q4 adjusted diluted EPS $0.56 (+19.1% YoY); net sales $209.0M (+11.1% YoY).
Record FY operating cash flow $134.2M; FCF $99.6M exceeding >110% net income outlook.
Initiated quarterly dividend of $0.04/share; second dividend payable Mar 11, 2022.
Guides FY22 sales +8-11%, adjusted EPS $2.25-$2.35, FCF >100% net income.

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