International Aluminum (NYSE:IAL)
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International Aluminum Corporation Announces Results for the
Second Quarter and Declares Dividend
MONTEREY PARK, Calif., Feb. 10 /PRNewswire-FirstCall/ -- International
Aluminum Corporation (NYSE:IAL) today announced results for the quarter and six
months ended December 31, 2004 as follows:
Quarter Ended December 31
2004 2003
Net sales $ 61,759,000 $ 50,698,000
Income from continuing operations $2,791,000 $1,562,000
Income from discontinued operations -- 88,000
Net income $2,791,000 $1,650,000
Basic and diluted EPS:
Continuing operations $ .66 $ .37
Discontinued operations -- .02
Total $ .66 $ .39
Six Months Ended December 31
2004 2003
Net sales $122,486,000 $103,654,000
Income from continuing operations $5,825,000 $3,100,000
Income from discontinued operations -- 129,000
Net income $5,825,000 $3,229,000
Basic and diluted EPS:
Continuing operations $1.37 $ .73
Discontinued operations -- .03
Total $1.37 $ .76
The Company also reported that at a regular meeting of its Board of Directors,
the Company declared a regular quarterly cash dividend of $.30 per share
payable April 11, 2005 to shareholders of record as of March 21, 2005.
DATASOURCE: International Aluminum Corporation
CONTACT: David C. Treinen, President, +1-323-264-1670, or Mitchell K.
Fogelman, Senior Vice President-Finance, +1-323-264-1670, both of
International Aluminum Corporation