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LUND INTERNATIONAL HOLDINGS, INC. REPORTS FIRST QUARTER RESULTS

 LUND INTERNATIONAL HOLDINGS, INC. REPORTS FIRST QUARTER RESULTS
 MINNEAPOLIS, Oct. 13 /PRNewswire/ -- Lund International Holdings, Inc. (NASDAQ: LUND) announced its sales and earnings for the first quarter ended Sept. 30, 1992. Net sales for the first quarter were $5,361,400, compared to $3,562,200 for the same period last year, an increase of 51 percent. Net income was $718,600, or $.17 per share, compared to $431,100, or $.10 per share, a 67 percent increase, for the same period in 1991.
 Sales of sunvisors, hood shields, cab spoilers and grill inserts all increased from the prior year as the strong performance of 1992 continued into the first quarter. Lund's broader line of products were well accepted by the marketplace and helped by the economic recovery. The company's managed expenses were in-line with expectations to support the controlled growth of the company.
 One hundred percent of sales came from Lund Industries, Inc., a wholly owned subsidiary of Lund International Holdings, Inc. Lund Industries, Inc. is a manufacturer of aftermarket accessories for trucks and vans. Its product line is marketed through automotive warehouse distributors throughout the United States and Canada.
 The corporation is headquartered at 9055 Evergreen Boulevard, Minneapolis, Minn., 55433.
 LUND INTERNATIONAL HOLDINGS, INC.
 Comparative Condensed Financial Information
 (Unaudited)
 Three Months Ended
 9/30/92 9/30/91
 Net sales $5,361,400 $3,562,200
 Percentage change 51 --
 Income before taxes 1,134,200 680,400
 Net income $718,600 $431,100
 Percentage change 67 --
 Earnings per share $.17 $.10
 -0- 10/13/92
 /CONTACT: Thomas E. Cook of Lund International Holdings, 612-780-2520/
 (LUND) CO: Lund International Holdings, Inc. ST: Minnesota IN: AUT SU: ERN


AL -- MN018 -- 9513 10/13/92 16:43 EDT
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Publication:PR Newswire
Date:Oct 13, 1992
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