AmeriGas Reports Fiscal 2018 Results
AMERIGAS PARTNERS (APU)
Last amerigas partners earnings: 8/5 06:45 pm
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US:NYSE Investor Relations:
investors.amerigas.com/investor-relations/ir-home/default.aspx
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Source: Business Wire
Issues 2019 Guidance VALLEY FORGE, Pa.--(BUSINESS WIRE)-- AmeriGas Propane, Inc., general partner of AmeriGas Partners, L.P. ("the Partnership," NYSE: APU), today reported financial results for the fiscal year ended September 30, 2018. HIGHLIGHTS GAAP net income of $190.5 million and Adjusted net income of $252.4 million Adjusted EBITDA of $605.5 million, an increase of $54.2 million above Fiscal 2017 results Issued Adjusted EBITDA guidance of $610 - $650 million for the fiscal year ending September 30, 2019 "Temperatures returned to normal this year after consecutive years of historically warm conditions. We delivered Adjusted EBITDA that was 10% higher than last year on weather that was 13% colder than last year," said Hugh J. Gallagher, president and chief executive officer of AmeriGas. "We maintained our unit margins de
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