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ACX TECHNOLOGIES PREVIEWS FIRST QUARTER EARNINGS; PACKAGING, CERAMICS BUSINESSES EXPECT STRONG PERFORMANCES

 ATLANTA, Ga., April 20 /PRNewswire/ -- ACX Technologies, Inc. (NASDAQ-NMS: ACXT) told securities analysts today that it expects first quarter earnings for the period ended March 31, 1993, to be between $1.5 million and $2.2 million, or 12 cents to 17 cents per share. Because ACX Technologies was spun-off from Adolph Coors Company effective Dec. 27, 1992, comparable data for this same period last year is not available. Harold Smethills, office of the president, made the preview announcement during a presentation to investment analysts in Atlanta.
 "First quarter results for our three core businesses are expected to reflect strong performances by Graphic Packaging Corporation and Coors Ceramics Company," Smethills stated. "Continuation of the qualification process for Golden Aluminum's San Antonio mini-mill continue to adversely impact 1993 results," Smethills added.
 Graphic Packaging net sales for the first quarter 1993 are expected to exceed results for first quarter 1992. Sales growth was the result of increased volume to the flexible packaging market -- specifically specialty bag and laminated roll stock. While first quarter 1993 operating margin (operating income as a percent of net sales) is expected to be slightly higher than the margin reflected for all of 1992, first quarter operating income is expected to be slightly lower when compared to last year. The difference in operating income is attributable to two factors: (1) a strong first quarter in 1992 which grew out of significant volume increases in packaging used by concentrated detergent manufacturers for new product introductions and (2) higher marketing, general and administrative expenses in the first quarter of 1993.
 Operating income for Coors Ceramics in the first quarter of 1993 are expected to be nearly double total 1992 operating income. Net sales growth, for the first quarter of 1993 is anticipated to be in excess of 5 percent over first quarter 1992. The strong operating performance are attributable to restructuring, cost containment efforts initiated in 1992, and growth in the sale of advanced electronic packages and the structural and electronic ceramic markets -- all reflections of an upturn in the U.S. economy.
 Golden Aluminum continues to experience start-up expenses as it progresses toward qualification of its new mini-mill in San Antonio. The company expects that the mill will be qualified with certain customers in the second or third quarter of 1993. Net sales for Golden Aluminum are expected to increase more than 5 percent in the quarter just ended compared to a year ago based on higher sales volume at its Ft. Lupton, CO, mill. The company also anticipates operating income will be negatively impacted by the operating results for Lauener Engineering A.G., the company's Swiss subsidiary.
 ACX Technologies continues to invest in new technologies through its research vehicle and developmental business operation, Golden Technologies. Because of the nature of this operation, Golden Technologies will report a net operating loss for the first quarter of 1993.
 ACX Technologies applies innovative technology to manufacture value- added industrial products. Its core businesses produce high performance consumer and industrial packaging, advanced technical ceramic products and aluminum rigid container sheet. These businesses have developed a prestigious customer base through adherence to quality manufacturing principles and a partnership approach. ACX Technologies is poised to capitalize on over $400 million of recent capital investments which have extended the capabilities of its core businesses. The company's goal is to achieve double digit growth in earnings per share over the long-term. ACX Technologies is traded on the NASDAQ National Marketing System under the symbol ACXT.
 For additional information on ACX Technologies, Inc. by FAX,
 No cost, Dial 1-800-PRO-INFO, code No. 203.
 -0-
 /CONTACT: Karen Breen, manager-investors relations, 303-271-7001, or Gail Constancio, manager investors relations, 303-271-7001,both of ACX Technologies; or Gary Strong or Nick Farina of the Financial Relations Board, 312-266-7800, for ACX Technologies/
 (ACXT)


CO: ACX Technologies, Inc. ST: IN: SU: ERP

PS -- NY086 -- 8140 04/20/93 13:48 EDT
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Date:Apr 20, 1993
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