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BANDAG REPORTS SALES AND EARNINGS FOR 1991

 BANDAG REPORTS SALES AND EARNINGS FOR 1991
 MUSCATINE, Iowa, Jan. 21 /PRNewswire/ -- Bandag, Incorporated


(NYSE: BDG) today reported consolidated net sales of $582,913,000 for the year ended Dec. 31, 1991, a one percent decrease in comparison to the $586,223,000 reported in 1990. Net earnings were $79,599,000, while earnings per share were $5.72 compared to last year's net earnings of $78,783,000 and earnings per share of $5.50.
 Bandag, Incorporated manufactures retreading materials and equipment for its worldwide network of over 1,000 independent franchised dealers who produce and market cold process retreads.
 BANDAG, INCORPORATED
 Summary of Operations
 Percent
 Year ended Dec. 31; 1991 1990 Change
 Sales $582,913,000 $586,223,000 (1)
 Net earnings 79,599,000 78,783,000 1
 Net earnings per share $5.72 $5.50 4
 Average shares outstanding 13,920,847 14,315,784
 -0- 1/21/92
 /CONTACT: Thomas E. Dvorchak of Bandag, 319-262-1332/
 (BDG) CO: Bandag, Incorporated ST: Iowa IN: SU: ERN


KD-JT -- NY127 -- 2111 01/21/92 17:22 EST
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Publication:PR Newswire
Date:Jan 21, 1992
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