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

DATE: FRIDAY, February 14, 1992                   TAG: 9202140133
SECTION: BUSINESS                    PAGE: A-9   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

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REPORTED EARNINGS

Intermet

Intermet Corp. of Atlanta, owner of Lynchburg Foundry plants at Radford and Lynchburg, reported 1991 net income of $8.8 million, up from a net loss of $10.4 million in 1990. Sales were $319.8 million, down 17 percent from $386.6 million.

In the fourth quarter, net income was $2.5 million, up from the loss of $11.6 million a year earlier, and sales were $79.2 million, down from $90 million. The directors increased the quarterly dividend from 3 cents to 4 cents a share with the payment of March 10 to shareholders of record on Feb. 25.

Hanson PLC

Hanson PLC, the British owner of Grove Worldwide and MW Manufacturers Inc., on Thursday reported pretax profit of $424 million for its first quarter ending Dec. 31, down 6 percent from $452 a year earlier. Earnings per American Depository Receipt were unchanged at 37 cents. Sales for the quarter came to $3.9 billion, up 8.3 percent from $3.6 billion.

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