EXHIBIT 99.1
International Aluminum Corporation Announces
Results For The First Quarter and Dividend
MONTEREY PARK, Calif., November 10, 2004: International Aluminum Corporation (NYSE: IAL) today announced results for its first quarter ended September 30, 2004 as follows:
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| Quarter Ended |
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| September 30, |
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| 2004 |
| 2003 |
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Net sales |
| $ | 60,727,000 |
| $ | 52,956,000 |
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Income from continuing operations |
| $ | 3,034,000 |
| $ | 1,538,000 |
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Income from discontinued operations |
| — |
| 41,000 |
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Net income |
| $ | 3,034,000 |
| $ | 1,579,000 |
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Basic and diluted EPS: |
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Continuing operations |
| $ | .71 |
| $ | .36 |
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Discontinued operations |
| — |
| .01 |
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Total |
| $ | .71 |
| $ | .37 |
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At a regular meeting of its Board of Directors, International Aluminum Corporation declared a regular quarterly cash dividend of $0.30 per share payable January 10, 2005 to shareholders of record as of December 20, 2004.
Contact:
David C. Treinen, President (323) 264-1670
Mitchell K. Fogelman, Senior Vice President-Finance (323) 264-1670