World Fuel Services Corporation Reports First Quarter 2020 Results
World Fuel Services Corporation (INT)
Last world fuel services corporation earnings: 4/30 04:21 pm
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US:NYSE Investor Relations:
ir.wfscorp.com
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Source: Business Wire
MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE: INT):First-Quarter 2020 HighlightsTotal gross profit of $258.7 million, up 3% year-over-yearGAAP net income of $41.4 million, or $0.63 per diluted shareAdjusted net income of $43.6 million, or $0.67 per diluted shareAdjusted EBITDA of $95.4 million“Our company entered the year in a position of strength, from both a liquidity and operational perspective, which coupled with our past experience and the diversity of our business and people, will be invaluable as we navigate through the current crisis,” stated Michael J. Kasbar, chairman and chief executive officer of World Fuel Services Corporation. “We are confident in our ability to continue to be a reliable counterparty to our customers and suppliers through these unpredictable times and our worldwide team of professionals are committed to continuing to safely meet the energy needs of the global marketplace.”For the first quarter, our aviation segment generated gross pr
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