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

DATE: SATURDAY, February 12, 1994                   TAG: 9402140331
SECTION: BUSINESS                    PAGE: A-4   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

REPORTED EARNINGS

Intermet Corp., Atlanta owner of Lynchburg Foundry in Radford, on Friday reported a fourth-quarter net loss of $1.2 million, or 5 cents per share, compared with a net loss of $3 million, or 12 cents per share, in the 1992 quarter. Sales were $106 million compared with $104 million.

For the year, the net loss was $20.5 million, or 83 cents per share, compared with $29.9 million, or $1.31, in 1992. 1993 sales were $444 million compared with $402 million.

Georgia-Pacific Corp.

Georgia-Pacific Corp., Atlanta-based forest-products company with operations in Bedford County and a distribution center in Roanoke, reported a 1993 net loss of $34 million, or 39 cents per share, including an after-tax gain on the sale of Butler Paper Co., a charge for the increase in federal income tax rates, and an after-tax loss for early debt retirement. Excluding the extraordinary items, the company reported a net profit of $23 million, or 26 cents per share.

This compares with a 1992 net loss of $124 million, or $1.43 per share, including extraordinary items, or $60 million, or 69 cents per share, excluding those items.

1993 sales were $12.3 billion, compared with $11.8 billion in 1992.

For the fourth quarter, the net loss was $36 million, or 41 cents per share, compared with net income of $104 million, or $1.21 per share, in the 1992 quarter. Sales were $3.2 billion compared with $2.9 billion in the 1992 quarter.