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EARNINGS / Local company: Universal 

Jump to full article: Richmond (VA) Times-Dispatch, 2007-02-09
Author: John Reid Blackwell

Intro:

Universal Corp.'s results improved in the fiscal third quarter on stronger income from its tobacco operations and lower restructuring costs.

The Richmond-based tobacco leaf company reported profit of $24.1 million, or 79 cents per share, in the three-month period that ended Dec. 31, compared with a loss of $5.7 million, or 22 cents per share, in the same period in 2005.

Universal has announced plans to sell its remaining non-tobacco businesses.

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