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BRAND REPORTS RECORD FIRST QUARTER RESULTS

 BRAND REPORTS RECORD FIRST QUARTER RESULTS
 WESTCHESTER, Ill., April 14 /PRNewswire/ -- The Brand Companies,


Inc. (NASDAQ-NMS: BRAN) today reported revenues of $109.4 million for the three months ended March 31, 1992, up 13 percent when compared with revenues of $96.5 million for the corresponding period in 1991. Net income for the first three months of 1992 was $5.7 million up 32 percent from $4.3 million in the same quarter of 1991. Earnings per share increased to $.25 per share compared with $.20 per share in the year ago period.
 Victor J. Barnhart, president and CEO of the company, commented, "We are pleased with the growth and profitability improvement that was achieved in the first quarter. Our recent acquisitions have performed well and provided the company with a base for expanded opportunities and access to several new markets. In addition, we are excited about our increased bidding activity and recent success in obtaining several large projects, including the award of a project for the Philippine government to our Marine/Utility Group."
 Barnhart further added, "The outlook for the balance of 1992 is good as we continue to focus on the profitability of all our business groups and the expansion of our industrial services. We are hopeful that as the economy recovers, we will see expansion in many of the markets served by our business groups."
 The Brand Companies, Inc. is one of the nation's leading suppliers of industrial services.
 THE BRAND COMPANIES, INC.
 Consolidated Statements of Income
 (dollars in thousands except per share data)
 Period ended Three Months
 March 31, 1992 1991
 REVENUE $109,383 $96,492
 COSTS & EXPENSES:
 Cost of Operations $ 82,379 $75,541
 Selling, General & Administrative 17,186 13,256
 Interest Expense, Net 853 807
 Sundry Income, Net (352) (290)
 Income before Income Taxes $ 9,317 $ 7,178
 Provision for Income Taxes 3,615 2,871
 NET INCOME $ 5,702 $ 4,307
 AVERAGE SHARES AND EQUIVALENT
 SHARES OUTSTANDING 23,017 21,370
 EARNINGS PER COMMON
 AND COMMON EQUIVALENT SHARE $ .25 $ .20
 -0- 4/14/92
 /CONTACT: Harold W. Ingalls, chief financial officer of Brand Companies, 708-947-3502/
 (BRAN) CO: Brand Companies Inc. ST: Illinois IN: SU: ERN


SH -- NY018 -- 8112 04/14/92 09:26 EDT
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Date:Apr 14, 1992
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