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GLP PR A - Global Partners LP News Story

$24.66 0.1  0.3%

Sector
Energy
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Market Cap £n/a
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Position in Universe th / 6396

BRIEF-Global Partners Q4 net loss per limited partner unit $0.07

Mon 29th February, 2016 1:00pm
Feb 29 (Reuters) - Global Partners LP  GLP.N : 
 * Reports financial results for fourth-quarter and full-year 2015 
 * Q4 sales $2.2 billion versus I/B/E/S view $2.75 billion 
 * Qtrly net loss per limited partner unit $0.07; board reduced partnership's 
   quarterly cash distribution to $0.4625 per unit 
 * Partnership reduced workforce by 70 people, or about 8%; partnership plans to 
   take severance charge of about $1.4 million Q1 
 
 * Source text for Eikon  ID:nBw1vL0t4a  
 
 * Further company coverage  GLP.N   
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