TriMas Corporation

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. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Sherry Lauterbach, Vice President, Investor Relations and Communications. Thank you. You may begin.

Thank you, and welcome to Trimouse Corporation's third quarter 2025 earnings call. Participating on the call today are Thomas Snyder, Trimouse's president and CEO, and Teresa Finley, our chief financial officer. We will provide our prepared remarks on our third quarter results and full year outlook, and then we will open up the call for 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 trimouse.com under the investor section in addition a replay of this call will be available later today by calling 877-660-6853 meeting id of one three seven five six four five eight 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 most recent Form 10-K and 10-Q to 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 presentation for the reconciliations between GAAP and non-GAAP financial measures used today during the call. The discussion today on the call regarding our financial results will be on an adjusted basis, excluding the impact of special items. At this point, I'll turn the call over to Tom. Tom?

Thank you, Sherry. Good morning, everyone, and thank you for joining us today. As I conclude my fourth month as CEO, I remain energized by the opportunity to lead this great organization. Over these For months, I've had the privilege of engaging with our teams around the world, visiting 16 facilities, listening to our employees, and gaining a deeper understanding of operations and the opportunities that lie ahead. What I've seen is a company with solid capabilities, powered by talented people, and deeply committed to delivering value for our customers and our shareholders. At the same time, we have identified opportunities for continuous improvement, areas where I believe we can evolve, innovate, and enhance our foundation for the future. Let's turn to slide three. This quarter, we've continued to take meaningful steps to strengthen our company and position TriMass for long-term success. I'd like to take a moment to highlight a few initiatives on this call. First, we're launching a comprehensive global operational excellence program to drive continuous improvement enhance efficiency, and share best practices across our footprint. This will be our company-wide operating system rooted in Lean Six Sigma principles designed to improve safety, quality, delivery, and cost while increasing speed and standardization. In the next two weeks, we'll begin implementation within our packaging business at two larger locations in Indiana and Mexico as initial model lines for this rollout. We expect to use these pilots to prove benefits, refine the playbook, and then scale across the network, supported by visible daily management and leadership accountability. Over the next month, we are beginning a comprehensive strategic planning process. While strategic assessments are a regular part of our annual cycle, this year's approach goes much deeper. We will rigorously assess where we win, where untapped potential exists, and where to focus going forward. Using internal and external data, structured strategy tools, and fresh voice of the customer input, we will develop a Hoche and Cannery roadmap, often called True North alignment, that cascades from the enterprise value to each division and site. This work will set clear direction on our most important objectives, define actionable initiatives, and assign ownership and timelines for accountability. Our goal is simple, align the entire One Trimass team on the few priorities that matter most and ensure consistent execution across the company. In our packaging group, we've also launched the One TriMAS Branding Initiative, a strategic effort to unify and elevate our brand identity and organizational culture across all regions and business units. Our goal is to consolidate the six plus legacy brands into one consistent brand across TriMAS packaging, creating a more cohesive and compelling experience for our customers and our employees enhancing cross-selling opportunities, and simplifying and fine-tuning our message. As part of this effort, we are conducting internal and customer-facing interviews to gain deep insights as to how our brand is perceived, where we can improve, and how we can more effectively communicate the value we deliver. Additionally, we have successfully rolled out our new ERP system to a second location, significantly streamlining our operations and enhancing data visibility. We will continue to invest in automation and tools to enhance productivity, provide critical business data, and increase responsiveness. These investments will help us reduce costs, improve consistency, and free up our teams to focus on higher value activities. And finally, as part of our global manufacturing optimization strategy, we are starting to actively evaluate our capacity and footprint to better support growth, enhance operational efficiency, and respond to evolving market dynamics. In light of evolving trade policies, including tariffs and the increasing customer demand for manufacturing flexibility, cost effectiveness, and localized production, it is more important than ever that we have the right capabilities in the right locations. This effort involves a thorough assessment of our global operations to ensure we can deliver high-quality products efficiently while remaining agile and responsive to customer needs. We are analyzing production volumes, logistic flows, cost structures, and regional demand patterns to to determine where we can scale, consolidate, or invest to optimize performance. Together, these initiatives reflect our commitment to build a more agile, efficient, and growth-focused enterprise. By strengthening our operational foundation, aligning strategic priorities, and investing in our people and infrastructure, we are positioning TriMAS to deliver sustainable value for our customers, employees, and shareholders. I'm confident the actions we are taking will serve as a strong catalyst for long-term success. Before I shift gears to talk about our third quarter financial performance, I wanted to touch base on the board-level strategic portfolio review we announced earlier this year. We are well into that process evaluating our options and actively working on bringing this review to conclusion. However, as we have said in the past, we're not able to specifically announce any updates at this time, but we'll let you know as soon as we can. The team remains committed to making decisions that serve the best interests of our company and our shareholders. Turning to slide four, I'm pleased to report a strong third quarter performance with year-over-year sales growth across all three segments. TriMass delivered over 16% organic sales growth along with improved cash flow and earnings per share driven by solid execution and disciplined operational management. TriMass Aerospace led the way, posting record quarterly sales with over 37% organic growth, expanded margins, and a strong backlog that supports continued momentum. TriMass Packaging remains on track for GDP plus growth, supported by ongoing improvement initiatives that position the business for enhanced performance as we look into 2026. These results are a testament to the dedication and focus of our global teams, I want to sincerely thank all our employees for their hard work and continued commitment to delivering value. With that, I'll turn it over to Teresa to walk through the financials and segment results for the quarter. Teresa.