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Universal Corporation Reports Increased Nine-Month Results  

Jump to full article: PR Newswire, 2010-02-04
Author: SOURCE Universal Corporation

Intro:

HIGHLIGHTS

Nine Months

Diluted earnings per share increased to $4.78 versus $3.78 last year.

Revenues down 3% as pricing and mix reduce effect of shipment delays.

Operating income up 15%, to $215 million on lower currency costs, partially offset by shipment delays.

Quarter

Diluted earnings per share decreased to $1.54 versus $1.78 last year.

Shipment timing is primary factor reducing results.

Revenues lower by 5%, to $661 million.

Operating income reduced by $8.5 million, to $69 million.

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