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EX-99.1 - PRESS RELEASE DATED JANUARY 30, 2013 - TRIUMPH GROUP INCexhibit991q3fy13.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported): January 30, 2013
 
TRIUMPH GROUP, INC.
(Exact name of registrant as specified in its charter)
 
Delaware
 
1-12235
 
51-0347963
(State or other jurisdiction of
incorporation)
 
(Commission File Number)
 
(IRS Employer Identification
No.)
 
 
 
 
 
899 Cassatt Road, Suite 210
 
19312
Berwyn, Pennsylvania
 
(Zip Code)
(Address of principal executive offices)
 
 
 
(610) 251-1000
(Registrant's telephone number, including area code)
 
Not Applicable
(Former name or former address, if changed since last report.)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))







Item 2.02
 
Results of Operations and Financial Condition.
 
On January 30, 2013, Triumph Group, Inc. issued a press release announcing its financial results for the third quarter and nine months ended December 31, 2012 and the following day conducted a conference call to further discuss the financial results.  The full text of the press release is furnished as Exhibit 99.1 to this Current Report.

On the conference call, in addition to reviewing the information contained in the press release, the executive officers also discussed the following financial information:
 
For the fiscal quarter ended December 31, 2012, sales mix was as follows:  commercial was 58% (compared to 51% in the prior year second quarter), military was 27% (compared to 33% in the prior year period), business jets were 12% (compared to 13% in the prior year period), regional jets were 1% (same as the prior year period) and non-aviation was 2% (same as the prior year period).
 
The top ten programs represented in the backlog were the 747, G450/G550, 777, C-17, 787, 737 NG, A330, V-22, 767 and C-130 programs, respectively.
 
For the fiscal quarter ended December 31, 2012, Boeing commercial, military and space accounted for 50.1% of net sales.
 
Same store sales for the fiscal quarter ended December 31, 2012 increased 7% over the prior year period.  Aerostructures same store sales for the fiscal quarter ended December 31, 2012 were $676.8 million, an increase of 8% over the prior year period.  Aerospace Systems same store sales for the fiscal quarter ended December 31, 2012 was $139.8 million, an increase of 5% over the prior year period. Aftermarket Services same store sales for the fiscal quarter ended December 31, 2012 was $72.1 million, an increase of 6% over the prior year period.

For the fiscal quarter ended December 31, 2012, OEM sales represented 87% (compared to 87% in the prior year period), Aftermarket sales represented 11% (compared to 11% in the prior year period), and Other was 2% (compared to 2% in the prior year period).
 
Export sales for the fiscal quarter ended December 31, 2012 were $126.3 million, an increase of 8% over the comparable quarter in the prior year period.






The information in this Item 2.02 of this Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
 
Item 9.01
 
Financial Statements and Exhibits.
 
 
 
(d)       
 
Exhibits.
 
Exhibit No.
 
Description
 
 
 
99.1
 
Press release dated January 30, 2013








Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date:
February 1, 2013
TRIUMPH GROUP, INC.
 
 
 
 
 
 
By:
/s/ John B. Wright, II
 
 
 
John B. Wright, II
 
 
 
Vice President, General Counsel and Secretary









TRIUMPH GROUP, INC.
CURRENT REPORT ON FORM 8-K
EXHIBIT INDEX

Exhibit No.
 
Description
 
 
 
99.1
 
Press release dated January 30, 2013