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Intermet Reports Losses
February 10, 2004
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From Detroit Free Press

TROY, MI -- Intermet Corp. lost $92.8 million, or $3.30 per share, on sales of $183.3 million in the fourth quarter.

The Troy, Mich.-based manufacturer of cast-metal automotive components earned $430,000, or 3 cents per share, on sales of $180.47 million in the same quarter of 2002. For the year, Intermet lost $96.29 million, or $3.12 per share, on sales of $731.16 million. It earned $9 million, or 41 cents per share, on sales of $755.79 million for 2002.

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