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Automodular 2001 Earnings
NEWMARKET - April 11, 2002
Automodular Corporation ("Automodular") reports net earnings from continuing operations for the year ended December 31, 2001 of $4.6 million or $0.31 per share. Sales were $53 million.
By comparison, in 2000, Automodular earned $2.1 million or $0.20 per share from continuing operations, on sales of $50 million. Including discontinued operations which contributed $1.3 million, Automodular's 2000 net income was $3.4 million or $0.32 per share.
The directors of Automodular have declared a dividend of $0.07 per share payable June 27, 2002, to shareholders of record June 13, 2002.
Automodular's 2001 annual report and financial statements will be mailed to shareholders on or about May 7, 2002.
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