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LAMCOR ANNOUNCES 41 PERCENT INCREASE IN SECOND QUARTER SALES

 LAMCOR ANNOUNCES 41 PERCENT INCREASE IN SECOND QUARTER SALES
 MINNEAPOLIS, May 4 /PRNewswire/ -- Lamcor, Inc. announced today results for the second quarter ended March 31, 1992. Net sales increased 41 percent to $778,637 from $551,974 reported one year ago. Net income for the three months ended March 31, 1992, was $34,294, or $.03 per share, compared with net income of $33,513, or $.03 per share, reported last year.
 Lamcor also announced operating results for the six months ended March 31, 1992. Net sales increased to $1,506,642 from $1,055,579 for the comparable period one year ago. Net income for the six months year- to-date period increased to $90,705, or $.08 per share, from $71,068, or $.06 per share, last year.
 Toby Jensen, president, noted that the increase in sales resulted primarily from the company's broadening customer base in addition to increased revenue from federal government contracts.
 Lamcor, Inc., based in Le Sueur, Minn., is an emerging niche marketer of laminated films for expanding segments within the flexible packaging industry. Those segments include high growth industrial, food and medical markets.
 LAMCOR, INC.
 Three Months Ended Six Months Ended
 3/31/92 3/31/91 3/31/92 3/31/91
 Net sales $778,637 $551,974 $1,506,642 $1,055,579
 Net income 34,294 33,513 90,705 71,068
 E.P.S. $.03 $.03 $.08 $.06
 -0- 5/4/92
 /CONTACT: Toby Jensen of Lamcor, 612-332-1997; or Christopher Sellwood of de Petra & Associates, 612-338-7630, for Lamcor/ CO: Lamcor, Inc. ST: Minnesota IN: SU: ERN


KH -- MN005 -- 5953 05/04/92 10:59 EDT
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Publication:PR Newswire
Date:May 4, 1992
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