First Quarter results From Hayes Lemmerz

Hayes Lemmerz International Inc. (NYSE:HAZ) has announced results for the first quarter – ended April 30 2001. Sales were down on the previous first quarter, from $595 million to $541 million, but showed an increase on the $475 million from the fourth quarter of 2000.

Diluted earnings per share was a loss of $(0.27), against earnings of $0.51 in the first quarter last year.

This compares to a loss of $(0.58) for the fourth quarter of 2000..