Ceramic Industry

Lancaster Colony Reports Fiscal Year And Fourth Quarter Results

September 2, 2004
Lancaster Colony Corp. recently reported that net income for the fiscal year ended June 30, 2004, totaled $80,002,000, compared to $112,546,000 earned in the preceding fiscal year. Diluted earnings per share were $2.24, compared to $3.11 a year ago. Net sales for the most recent fiscal year were $1,097 million, compared to $1,107 million last year. Fourth quarter net income of $17,607,000, or 49 cents per basic and diluted share, compares with net income of $21,964,000, or 61 cents per basic and diluted share, for the corresponding quarter a year ago. Fourth quarter net sales increased 2% to $270 million vs. net sales of $264 million in the fourth quarter last year.

Replays of a recent fourth quarter conference call webcast are available at http://www.lancastercolony.com