Triumph Group, Inc. reported its financial results for the second quarter of fiscal year 2025, which ended September 30, 2024. Net sales totaled $287.5 million, a 1.0% increase compared to $284.7 million in the prior year's second quarter.
Commercial aftermarket sales increased by 26.2%, or $10.4 million, driven by increased spares and repair sales volume across several platforms, including the Boeing 787 program. Military OEM sales also saw a 4.9% increase, or $3.0 million, with growth in CH-47 and AH-64 programs.
The company reported GAAP income from continuing operations of $9.1 million, or $0.15 diluted earnings per share, and adjusted income from continuing operations of $15.5 million, or $0.20 diluted earnings per share. Cash flow used in operations was $38.4 million, which was better than previous expectations.
Triumph Group raised its fiscal year 2025 Adjusted EBITDA estimate to a range of $190 million to $195 million, implying an EBITDA margin of approximately 16%. The company also increased its free cash flow estimate for fiscal year 2025 to a range of $20 million to $30 million, while maintaining its net sales guidance of approximately $1.2 billion.
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