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Triumph Group Inc (TGI.N)

TGI.N on New York Stock Exchange

19.95USD
20 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Triumph Group Says Reached Agreements For Divestiture Of Three Businesses
Monday, 14 May 2018 

May 14 (Reuters) - Triumph Group Inc ::TRIUMPH GROUP ANNOUNCES UPDATE ON DIVESTITURE PROGRESS.TRIUMPH GROUP ANNOUNCES UPDATE ON DIVESTITURE PROGRESS.TRIUMPH GROUP INC - REACHED AGREEMENTS FOR DIVESTITURE OF THREE BUSINESSES.TRIUMPH GROUP INC - BUSINESSES GENERATED REVENUES OF APPROXIMATELY $165 MILLION IN TRIUMPH GROUP'S FISCAL YEAR ENDED MARCH 31, 2018.TRIUMPH GROUP - ON MAY 3, SIGNED AGREEMENT TO SELL ASSETS OF APU REPAIR PRODUCT LINE OF TRIUMPH AVIATION SERVICES ASIA LTD TO TURBINEAERO REPAIR LTD.TRIUMPH GROUP - ON MAY 11 SIGNED AGREEMENT TO SELL TRIUMPH AEROSPACE STRUCTURES LONG AND LARGE MACHINING AND METAL FINISHING OPERATIONS.TRIUMPH GROUP INC - ON MARCH 28, SOLD TRIUMPH STRUCTURES - LONG ISLAND LLC TO AERO STRUCTURES LONG ISLAND INC.TRIUMPH GROUP-TO SELL TRIUMPH AEROSPACE STRUCTURES L&L MACHINING AND METAL FINISHING OPERATIONS TO AEROSPACE SYSTEMS AND STRUCTURES,VALENCE SURFACE TECHNOLOGIES.  Full Article

Triumph Group Reports Q4 Adjusted Earnings Per Share Of $1.01
Thursday, 10 May 2018 

May 10 (Reuters) - Triumph Group Inc ::TRIUMPH GROUP REPORTS FOURTH QUARTER FISCAL 2018 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.01.Q4 LOSS PER SHARE $6.04.Q4 SALES $896.9 MILLION VERSUS I/B/E/S VIEW $828.2 MILLION.Q4 EARNINGS PER SHARE VIEW $0.97 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 SALES $3.3 BILLION TO $3.4 BILLION.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $1.50 TO $2.10.FY2019 EARNINGS PER SHARE VIEW $2.47, REVENUE VIEW $3.19 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Triumph Group Says To Combine Precision Components With Aerospace Structures
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Triumph Group Inc ::TRIUMPH GROUP INC - TRIUMPH GROUP TO COMBINE PRECISION COMPONENTS WITH AEROSPACE STRUCTURES.TRIUMPH GROUP INC - PETE WICK TO SERVE AS EXECUTIVE VICE PRESIDENT OF AEROSPACE STRUCTURES.TRIUMPH GROUP - INTENDS TO COMBINE AEROSPACE STRUCTURES & PRECISION COMPONENTS INTO ONE BUSINESS UNIT, "AEROSPACE STRUCTURES," EFFECTIVE JAN 1, 2018.TRIUMPH GROUP INC - BEGINNING WITH Q4 OF FISCAL 2018, TRIUMPH WILL REPORT ITS FINANCIAL RESULTS UNDER THREE MARKET-FOCUSED BUSINESS UNIT STRUCTURE.  Full Article

Triumph Group Q2 loss per share $0.11
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Triumph Group Inc -:Triumph Group reports second quarter fiscal 2018 results.Q2 adjusted earnings per share $0.52.Q2 loss per share $0.11.Q2 sales $745.2 million versus I/B/E/S view $787.7 million.Sees FY 2018 adjusted earnings per share $2.25 to $2.75.Sees FY 2018 revenue about $3.1 billion to $3.2 billion.Q2 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $2.46, revenue view $3.18 billion -- Thomson Reuters I/B/E/S.Triumph - ‍expects revenue to increase in fiscal year 2019 as development programs enter production and sales from new wins offset sunsetting programs​.  Full Article

Triumph contract extended to support Boeing ground support operation
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Triumph Group Inc :Triumph contract extended to support San Antonio based Boeing ground support operation.Triumph Group Inc says co's ‍san Antonio based product support business was awarded a multi-year contract extension with Boeing​.  Full Article

Triumph- Agreement with MD Helicopters extends support for MD 530F Cayuse Warrior
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Triumph Group Inc :Triumph agreement with MD Helicopters extends support for the MD 530F Cayuse Warrior.Triumph Group-Triumph's integrated systems - geared solutions to extend deliveries of main rotor gearbox,tail rotor gearbox through 2022.  Full Article

Triumph to buy Kanagawa-based sale agent firm via stock swap
Tuesday, 23 May 2017 

May 23 (Reuters) - Triumph Co Ltd <3651.T> ::* Says it plans to fully acquire a Kanagawa-based firm which is mainly engaged in sale agent business and license related business, via stock swap.* One share of Kanagawa-based firm's stock will be exchanged with 35.7 shares of co's stock.* 12,500 shares of co's stock will be exchanged.* stock swap will be effective on June 9.  Full Article

Aviall expands its exclusive distribution agreement with Triumph Group
Monday, 13 Feb 2017 

Boeing Co : Aviall - signed distribution agreement with Triumph group, covering spare parts for Boeing, Airbus and Bombardier aircraft .Aviall - deal expands co's product support with Triumph integrated systems to include Clemmons, North Carolina and Valencia, California sites.  Full Article

Triumph Group receives order to deliver G650 wings through 2018
Tuesday, 25 Oct 2016 

Triumph Group Inc : Triumph Group receives order to deliver G650 wings through 2018 .Triumph Group Inc - Add-on work relating to order is valued at approximately $300 million and extends through 2018.  Full Article

Calspan acquires Triumph Aerospace Systems - Newport News
Tuesday, 4 Oct 2016 

Triumph Group Inc : Calspan acquires Triumph Aerospace Systems - Newport News . Says transaction was effective September 30, 2016 and new company will operate as Calspan Systems Corporation . Acquired co will retain management, technical, supporting staff .Acquired co will continue operations at its current headquarters in Newport News, Virginia, along with its San Diego facility.  Full Article