Ceramic Industry News

Dal-Tile Reports Record First Quarter Results

April 18, 2001
/ Print / Reprints /
/ Text Size+
Dal-Tile International Inc. recently announced record sales and profits for the first quarter of 2001. Sales increased $15.5 million, or 6.7%, to $245.6 million compared to $230.1 million in the first quarter of 2000. On a pro forma -- fully taxed basis, net income for the quarter increased $2.5 million, or 17.9%, over the prior quarter to $16.5 million, or $0.29 per share. Growth was achieved across all distribution channels. Versus the prior year, sales through company-operated sales centers increased 8.0%, while sales to independent distributors and home centers increased 3.9% and 7.2%, respectively. Profit margin before tax increased 100 basis points to 10.9% due to improved productivity, reduced operating costs and lower interest expense. Free cash flow was $8.0 million versus $3.5 million in the prior year, and debt decreased $85.1 million to $319 million versus first quarter prior year.

Additional information on the company and its products is available at http://www.daltile.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px