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 25, 2007

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
Number)

 

 

 

 

 

1550 Liberty Ridge Drive, Suite 100, Wayne, Pennsylvania

 

19087

(Address of principal executive offices)

 

(Zip Code)

 

(610) 251-1000

(Registrant’s telephone number, including area code)

N/A

(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 25, 2007, Triumph Group, Inc. issued a press release announcing its financial results for the fiscal quarter ended December 31, 2006 and 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:

·                                          Export sales for the fiscal quarter ended December 31, 2006 were 22% of revenue.  For the year to date as of December 31, 2006, sales mix was as follows:  commercial was 43% (compared to 45% in the prior full fiscal year), military was 33% (same as in the prior full fiscal year), regional jets were 5% (compared to 6% in the prior full fiscal year), business jets were 11% (compared to 9% in the prior full fiscal year) and other was 8% (compared to 7% in the prior full fiscal year).

·                                          The top ten programs represented in the backlog were the 737NG, 777, A320, CH47, V22, UH60, 787, 747, C17 and 767 programs, respectively.

·                                          For the year to date as of December 31, 2006, Boeing commercial, military and space accounted for 22% of net sales.

·                                          The Company’s effective tax rate for the quarter ended December 31, 2006 was 30.1%, which reflects a $0.06 per share benefit from the renewal of the Research and Experimentation tax credit in December, 2006.  The company expects its full year effective tax rate to 33.5%.

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.

 

 

(c)

Exhibits.

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release dated January 25, 2007

 

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SIGNATURE

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: January 31, 2007

 

 

TRIUMPH GROUP, INC.

 

 

 

 

 

 

 

 

 

By:

 

/s/ John B. Wright, II

 

 

 

 

John B. Wright, II

 

 

 

Vice President, General Counsel
and Secretary

 

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TRIUMPH GROUP, INC.

CURRENT REPORT ON FORM 8-K

EXHIBIT INDEX

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release dated January 25, 2007

 

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