Barnes Group Inc. (NYSE:B) Q1 2024 Earnings Call Transcript

Matt Summerville: Got it. That’s it for me. Thanks Tom.

Thomas J. Hook: Okay, thanks Matt.

Operator: That concludes our question-and-answer session. I will now turn the call back over to Thomas Hook for closing remarks.

Thomas J. Hook: Thank you for joining our call today. Barnes continues to advance our business transformation strategy with solid results to open 2024. With the acquisition of MB Aerospace and the Associated Spring and Hanggi divestiture an increasing majority of our earnings are driven by Aerospace. In alignment with our three pillar strategy, we will continue to invest in Aerospace to take full advantage, strong demand and attractive growth opportunities. In parallel, we will continue to integrate, consolidate and rationalize our industrial business and to further optimize that part of our portfolio for long-term profitable growth. Our comprehensive strategic review is ongoing, and we remain committed to reshaping and positioning Barnes to maximize value for our shareholders. We will continue to share further progress updates as appropriate, and we appreciate your continued interest in Barnes.

Operator: This concludes today’s conference call. Thank you for your participation, and you may now disconnect.