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RAUCH INDUSTRIES ANNOUNCES THIRD QUARTER FINANCIAL RESULTS

 GASTONIA, N.C., Nov. 15 /PRNewswire/ -- Rauch Industries, Inc. (AMEX: RCH), an American Stock Exchange traded company, today announced financial results for the third quarter of 1993, ended Sept. 30, 1993. Rauch is America's oldest and best-known manufacturer of Christmas tree ornaments and related products.
 Net sales were $21.7 million for the quarter, up 9 percent from $19.8 million for the year earlier quarter. The company's net income for the quarter was $2.27 million, or $.92 per share, as compared to net income of $2.16 million, or $.88 per share for the third quarter of 1992.
 Marshall A. Rauch, chairman, president and chief executive officer of the company, reported that total orders received through the end of September were approximately $45.2 million against $41.0 million at the comparable time last year. As of this date, total orders received during the year have risen to $45.7 million, as compared to $41.4 million at the same time last year.
 Sales for the first nine months of 1993 were $24.3 million, up from $22.7 million for the comparable period in 1992, an increase of 7 percent. Net income for the nine month period of 1993 was $1.39 million or $.57 per share, compared to $1.35 million or $.55 for the same period of 1992.
 Rauch earned $2.85 million, or $1.16 per share in 1992 on net sales of $40.7 million.
 -0- 11/15/93
 /CONTACT: Marshall A. Rauch, president and chief executive, or Donald G. Walser, executive VP and treasurer, of Rauch Industries, 704-867-5333/
 (RCH)


CO: Rauch Industries, Inc. ST: North Carolina IN: SU: ERN

CM -- CH006 -- 4384 11/15/93 11:53 EST
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Publication:PR Newswire
Date:Nov 15, 1993
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