Eyeing a bigger slice of the U.S. market, Interceramic logs record Q1 results

CHIHUAHUA, Mexico -- Building upon the momentum established in preceding quarters, Interceramic posted record sales, operating income and EBITD in the first quarter of 2001.

Consolidated sales for the quarter of $69.9 million were fueled by continued strength in Mexico, where sales of $41.9 million came in 14% higher than the year-earlier period. The company also said it already benefiting from the strategic agreement it established last year with Wisconsin-based Kohler Co. that allows Interceramic to distribute Kohler products in Mexico. Sales of Kohler bathroom and kitchen fixtures are “exceeding management expectations,” Interceramic said.