Net income for the first six months of fiscal 2006 was $70,476,000 compared with $50,939,000 for the same period a year ago. Sales for the first half increased 10.6% to $1,396,581,000 compared to first half sales of $1,263,086,000 a year ago.
Commenting on the second quarter and outlook for the year, William L. Mansfield, president and CEO, said, "Our improved second quarter performance was driven by continued sales strength in our paints and coatings segments, progress in recovering raw material cost increases and improved manufacturing efficiencies."