TriMas Corporation (NASDAQ:TRS) Q1 2024 Results Conference Call April 30, 2024 10:00 AM ET
Company Participants
Sherry Lauderback - Vice President of Investor Relations & Communications
Thomas Amato - President & CEO
Scott Mell - CFO
Conference Call Participants
Ken Newman - KeyBanc Capital Markets
Hamed Khorsand - BWS Financial
Operator
Greetings, and welcome to the TriMas First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Mr. Sherry Lauderback, VP Investor Relations and Communications. Thank you, Mr. Lauderback. You may begin.
Sherry Lauderback
Thank you, and welcome to TriMas Corporation's first quarter earnings call. Participating on the call today are Thomas Amato, TriMas' President and CEO; and Scott Mell, our Chief Financial Officer. We will provide our prepared remarks on our first quarter results and then we will open up the call for your questions.
In order to assist with the review of our results, we have included today's press release and presentation on our company website at trimas.com under the Investors section. In addition, a replay of this call will be available later today by calling (877) 660-6853 with a meeting ID of 13745821.
Before we get started, I would like to remind everyone that, our comments today may contain forward-looking statements that are inherently subject to a number of risks and uncertainties. Please refer to our Form 10-K and our first quarter Form 10-Q, which will be filed later today, for a list of factors that could cause our results to differ from those anticipated in any forward-looking statements. Also, we undertake no obligation to publicly update or revise any forward-looking statements, except as required by law. We would also direct your attention to our website, where considerably more information may be found.
In addition, we would like to refer you to the appendix in our press release or our presentation for the reconciliations between GAAP and non-GAAP financial measures, used during this call. Today, the discussion on the call regarding our financial results will be on an adjusted basis, excluding the impact of special items.
With that, I will turn the call over to Tom Amato, TriMas' President and CEO. Tom?
Thomas Amato
Thank you, Sherry. Good morning, and welcome to our first quarter earnings call. Let's turn to Slide 3. First, let me say that we're off to a great start. The positive momentum we began to observe at the end of 2023 in certain of our end markets and performance in TriMas's two largest segments has continued as we begin the year. Within our TriMas Packaging Group, virtually all of the end markets that were depressed in a cyclical demand trough in 2023 are now up organically and displaying signs of strengthening.