Diamond Triumph Auto Glass, Inc. Announces Third Quarter 2004 Results

Date: 17 November 2004
Source: Yahoo.com

Date: 17 November 2004

Diamond Triumph Auto Glass, Inc. announced today that net sales for the nine months ended September 30, 2004 decreased $7.1 million, or 4.2%, to $163.9 million as compared to $171.0 million for the nine months ended September 30, 2003.

Net sales for the third quarter ended September 30, 2004 decreased $3.5 million, or 6.1%, to $53.6 million as compared to $57.1 million for the third quarter of 2003. Net income for the nine months ended September 30, 2004 decreased by $.6 million, or 19.4%, to $2.5 million from $3.1 million of net income for the nine months ended September 30, 2003. Net income for the third quarter ended September 30, 2004 increased by $1.9 million, or 86.4% to $2.2 million as compared to $0.3 million for the third quarter of 2003. EBITDA for the nine months ended September 30, 2004 decreased by $2.4 million, or 18.7%, to $10.4 million from $12.8 million for the nine months ended September 30, 2003. EBITDA for the third quarter of 2004 decreased by $0.2 million, or 6.5%, to $2.9 million from $3.1 million for the third quarter of 2003.
600450 Diamond Triumph Auto Glass, Inc. Announces Third Quarter 2004 Results glassonweb.com

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