EX-99.1 2 a04-5767_1ex99d1.htm EX-99.1

EXHIBIT 99.1

 

International Aluminum Corporation Announces Results For Third Quarter

 

MONTEREY PARK, Calif., May 11, 2004:  International Aluminum Corporation (NYSE: IAL) today announced results for the quarter and nine months ended March 31, 2004 as follows:

 

 

 

Quarter Ended March 31

 

 

 

2004

 

2003

 

Net sales

 

$

50,064,000

 

$

47,648,000

 

 

 

 

 

 

 

Income from continuing operations

 

$

855,000

 

$

1,129,000

 

Income (loss) from discontinued operations

 

 

(222,000

)

Net income

 

$

855,000

 

$

907,000

 

 

 

 

 

 

 

Basic and diluted EPS:

 

 

 

 

 

Continuing operations

 

$

.20

 

$

.27

 

Discontinued operations

 

 

(.06

)

Total

 

$

.20

 

$

.21

 

 

 

 

Nine Months Ended March 31

 

 

 

2004

 

2003

 

Net sales

 

$

153,718,000

 

$

142,576,000

 

 

 

 

 

 

 

Income from continuing operations

 

$

3,955,000

 

$

2,880,000

 

Income (loss) from discontinued operations

 

129,000

 

(612,000

)

Net income

 

$

4,084,000

 

$

2,268,000

 

 

 

 

 

 

 

Basic and diluted EPS:

 

 

 

 

 

Continuing operations

 

$

.93

 

$

.68

 

Discontinued operations

 

.03

 

(.15

)

Total

 

$

.96

 

$

.53

 

 

 

Contact:

David C. Treinen, President  (323) 264-1670

Mitchell K. Fogelman, Senior Vice President-Finance  (323) 264-1670