Trex Company Completes Year of Strong Growth

WINCHESTER, Va. - Trex Company, Inc., manufacturer of Trex??????oe decking and railing, has announced that net sales for the 2004 fourth quarter totaled $29.6 million compared to $21.9 million for the 2003 fourth quarter. The net loss decreased to $0.4 million for the 2004 fourth quarter from a net loss of $0.8 million for the 2003 fourth quarter.

For the full 2004 year, Trex Company reported net sales of $253.6 million compared to $191.0 million for 2003, which represents an increase of 33 percent. Net income increased 29 percent to $27.2 million, from net income of $21.0 million in 2003.

?EUR??,,????'??Trex Company typically reports a loss in the fourth quarter due to the highly seasonal nature of deck installations, whose peak periods occur from late winter through September,?EUR??,,????'?? Trex Chairman and CEO Robert Matheny said. ?EUR??,,????'??As our financial results clearly demonstrate, 2004 was a successful year for Trex. As the demand for composite decking and railing products continued to grow, we took steps to expand our market leadership position.?EUR??,,????'??