Accuride Corporation Reports Second Quarter Results for 2005; Pro Forma Revenue increased by 29.2% to $342.8 million; Pro Forma Adjusted EBITDA rises by 35.3% to $56.4 million; Pro Forma Net Income rises by 112.5%.

EVANSVILLE, Ind. -- Accuride Corporation (NYSE:ACW) today announced net sales of $342.8 million for the second quarter ended June 30, 2005. This compares to net sales of $120.6 million for the second quarter of 2004. For the six months ended June 30, 2005, net sales were $615.4 million compared to net sales of $232.0 million for the same six-month period in 2004. Net income was $17.0 million, or $0.54 per diluted share, for the quarter compared to $4.3 million, or $0.28 per diluted share, for the second quarter of 2004. For the first six months of 2005, net income was $17.2 million, or $0.66 per diluted share, compared to $8.9 million, or $0.59 per diluted share, for the first six months of 2004. The results reflect continuing strength in the commercial vehicle industry with Class 5-8 builds up 23.3% over the prior year second quarter and the acquisition of Transportation Technologies Industries, Inc. ("TTI") on January 31, 2005.

Pro Forma Results for the Acquisition of TTI and Initi...

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