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PECHINEY REPORTS EARNINGS

 PECHINEY REPORTS EARNINGS
 PARIS, Feb. 10 /PRNewswire/ -- The Pechiney Group today issued the


following statement:
 1991 Consolidated Sales
 Pechiney Group: 74.2 billion French francs (FF)
 Preliminary consolidated sales for the Pechiney Group for 1991 amounted to FF 74,223 million, declining 3.4 percent from FF 76,869 million reported for 1990. The group's manufacturing sales -- excluding international trade sales -- remained practically unchanged. The average rate of exchange for the U.S. dollar vis-a-vis the French franc was FF 5.64, vs. FF 5.45 for 1990.
 Contributions to consolidated sales by sector of activity were as follows:
 PECHINEY GROUP
 (In FF millions)
 1991 1990
 Packaging 31,461 29,673
 Aluminum 19,261 20,516
 Engineered products 8,820 8,861
 Related industrial activities 6,926 7,402
 International trade 7,755 10,417
 Total 74,223 76,869
 A year-to-year comparison of sales by sector of activity shows that packaging sales rose 6 percent; engineered products sales declined 0.5 percent; aluminum and related industrial activities sales decreased about 6 percent; and international trade sales dropped 25.6 percent.
 Pechiney International: FF 45 billion
 Pechiney International's preliminary consolidated sales for the year ended Dec. 31, 1991, amounted to FF 44,972 million, increasing 4.5 percent fromF? 43,028 million reported for 1990. The average rate of exchange for the U.S. dollar vis-a-vis the French franc was FF 5.64, vs. FF 5.45 for 1990.
 Stated in U.S. dollars, 1991 consolidated sales rose 0.6 percent from the previous year, to $7,941 million.
 Contributions to consolidated sales by sector of activity were as follows:
 (In millions)
 French francs US$
 1991 1990 1991 1990
 Packaging 31,463 29,686 $5,545 $5,447
 Aerospace components 5,672 5,784 1,006 1,061
 Aluminum 4,415 4,425 783 812
 International trade 3,422 3,133 607 575
 Total 44,972 43,028 7,941 7,895
 -0- 2/10/92
 /CONTACT: Ilse Minkenberg of Pechiney, 203-625-8836/ CO: Pechiney Group ST: Connecticut IN: SU: ERN


CK-TS -- NY047 -- 8269 02/10/92 12:20 EST
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Publication:PR Newswire
Date:Feb 10, 1992
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