Latest Earnings Reports For Manufacturers Continue To Show Steady Improvement

Earnings reports continued to come in, showing some indications of a stronger market. Following is a sample of financial statements from manufacturers.

Encore Wire Corp., McKinney, Texas, reported its annual net income more than doubled in 2003 to $14.4 million from about $6 million, in 2002. Annual sales jumped 34.9 percent to $384.8 million in 2003 from $285.2 million in 2002. The company noted prices for building wire and margins were higher in 2003 than they were the year before.<

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