Universal Corp: Rises on higher revenue, profit

Universal

23/05/2019 17:51

** Shares of tobacco supplier  UVV.N  rise 14.8% to $59.40;
biggest intra-day gain in nearly a year
    ** Co reports bigger Q4 profit and revenue
    ** Posts EPS of $1.24 vs $1.20 a year earlier
    ** Revenue rose 10.6% to $671.7 mln due to higher sales
volumes  urn:newsml:reuters.com:*:nPnb7g0zra
    ** Including Thursday's gains, stock up ~10% so far this
year

 (Reporting by Debroop Roy in Bengaluru)
 ((Reuters Messaging:
debroop.roy.thomsonreuters.com@reuters.net))