EX-99.1 2 a04-13302_1ex99d1.htm EX-99.1

EXHIBIT 99.1

 

International Aluminum Corporation Announces

Results For The First Quarter and Dividend

 

MONTEREY PARK, Calif., November 10, 2004:  International Aluminum Corporation (NYSE: IAL) today announced results for its first quarter ended September 30, 2004 as follows:

 

 

 

Quarter Ended

 

 

 

September 30,

 

 

 

2004

 

2003

 

 

 

 

 

 

 

Net sales

 

$

60,727,000

 

$

52,956,000

 

 

 

 

 

 

 

Income from continuing operations

 

$

3,034,000

 

$

1,538,000

 

Income from discontinued operations

 

—

 

41,000

 

Net income

 

$

3,034,000

 

$

1,579,000

 

 

 

 

 

 

 

Basic and diluted EPS:

 

 

 

 

 

Continuing operations

 

$

.71

 

$

.36

 

Discontinued operations

 

—

 

.01

 

Total

 

$

.71

 

$

.37

 

 

 

At a regular meeting of its Board of Directors, International Aluminum Corporation declared a regular quarterly cash dividend of $0.30 per share payable January 10, 2005 to shareholders of record as of December 20, 2004.

 

Contact:

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

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