Brief: Universal Corp Reports Q4 Earnings Per Share Of $1.24

Universal

22/05/2019 21:46

May 22 (Reuters) - Universal Corp  UVV.N :
    * REPORTS ANNUAL RESULTS
    * Q4 EARNINGS PER SHARE $1.24
    * Q4 REVENUE $671.7 MILLION
    * Q4 EARNINGS PER SHARE $0.18 EXCLUDING ITEMS
    * AS WE MOVE INTO FY2020, WE ARE FORECASTING LARGER
FLUE-CURED AND
BURLEY TOBACCO GLOBAL CROP PRODUCTION THAN THOSE GROWN IN FY
2019
    * BELIEVE FLUE-CURED AND BURLEY TOBACCO MAY BE IN SLIGHT
OVERSUPPLY POSITIONS IN FY2020 COMPARED WITH ANTICIPATED MARKET
DEMAND
    * EXPECTING LOWER CARRYOVER CROP VOLUMES AND REDUCED NORTH
AMERICAN VOLUMES IN FY2020

Source text for Eikon:  ID:nPnb7g0zra 
Further company coverage:  UVV.N 

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