Anthony & Sylvan Pools Corporation Reports 2003 Full Year Results

Anthony & Sylvan Pools Corporation Reports 2003 Full Year Results



MAYFIELD VILLAGE, Ohio, March 31  /PRNewswire-FirstCall/ -- Anthony & Sylvan
Pools Corporation (Symbol: SWIM) today announced results for its year ended
December 31, 2003.  Net sales for the year were $180,453,000, a 13.9% increase
from the $158,393,000 reported from continuing operations in 2002. Net income
for 2003 was $2,358,000, or $0.44 per diluted share.  This compares with net
income from continuing operations of $1,054,000, or $0.19 per diluted share, and
a net loss, including discontinued operations, of ($2,208,000), or ($0.41) per
share, in 2002.  Shareholders will receive a copy of the Company's 2003 audited
financial statements in a Notice of Shareholders' Meeting, which is being mailed
today.  Other investors interested in obtaining a copy of the Company's 2003
audited financial statements should contact the Company at [phone].

Anthony & Sylvan operates in the leisure industry, offering in-ground, concrete
residential swimming pools, spas and related products to its customers.  The
Company serves its customers through a network of 39 sales design centers in 22
geographic markets in 16 states.  It also sells pool-related consumables,
replacement parts, equipment and supplies through retail service centers.

This press release may contain statements that are forward-looking, as that term
is defined by the Private Securities Litigation Reform Act of 1995 or by the
Securities and Exchange Commission in its rules, regulations, and releases.  The
Company intends that such forward-looking statements be subject to the safe
harbors created thereby.  The Company assumes no obligation to update or revise
any such statements, whether as a resultof new information or otherwise.  All
forward-looking statements are based on current expectations regarding important
risk factors, including but not limited to: the seasonal nature of our business;
dependence on existing management; consumer spending; market conditions;
interest rates; and weather. Accordingly, actual results may differ from those
expressed in the forward-looking statements, and the making of such statements
should not be regarded as a representation by the Company or any other person
that results expressed therein will be achieved. 

DATASOURCE: Anthony & Sylvan Pools Corporation



CONTACT:  William J. Evanson, Executive Vice President & Chief Financial

Officer of Anthony & Sylvan Pools Corporation, [phone]



Web site:  http://www.anthonysylvan.com/

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