Eight Year Low for Monarch Cement

EBITDA for The Monarch Cement Company for its quarter ended June 30, 2004 was $4,189,525, a 9.2% decrease over the year earlier same quarter when Monarch Cement generated $4,612,504 in EBITDA. Monarch Cement has generated thirty-four consecutive quarters of positive EBITDA. EBITDA for the most recent quarter also reached a eight year low.

For Monarch Cement’s twelve months ended June 30, 2004 EBITDA was $16,934,204, compared with $19,283,502, a 12.2% decrease over the comparable year earlier twelve months. EBITDA for the most recent twelve months also reached a two year low.