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• | Net Sales $393 Million; Value Added Revenue $205 Million |
• | Net Income $22 Million; Adjusted EBITDA $47 Million; Adjusted EBITDA Margin 23.1% |
• | Moderating Headwinds from Aerospace Supply Chain Destocking |
• | Full Realization of Price Increases Implemented in Second Quarter 2018 |
• | Temporary Tariff Costs Incurred on Internal Cross-border Transactions |
• | Completed Installation of Material Handling Equipment for Thin Gauge Plate at Trentwood |
• | Acquired Imperial Machine and Tool, a Leader in Multi-Material Additive Manufacturing |
• | Net Sales $1.2 Billion; Value Added Revenue $618 Million |
• | Net Income $68 Million; Adjusted EBITDA $150 Million; Adjusted EBITDA Margin 24.3% |
• | Higher Underlying Metal and Freight Costs Had a Significant Adverse Impact on Margins |
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