ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, April 24, 1990                   TAG: 9004240141
SECTION: BUSINESS                    PAGE: A5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

HERCULES QUARTERLY EARNINGS OFF 25

Hercules Inc. reported Monday that its net income for the first quarter was $33.7 million, or 72 cents per share, down 25 percent from the $44.8 million earned during the 1989 quarter. Sales for the first quarter were $771.4 million, up from $739.4 million a year ago.

Hercules operates the Radford Army Ammunition Plant and a packaging film business in Covington.

Film and aerospace declined during the quarter, the company said. Covington plant manager Barry Jones said his plant was producing the same volume of film, however, and there have been no layoffs.

The company said its paper chemicals, fragrance and food ingredients, and water-soluble polymers business improved. - Staff report 


 by CNB