February 6, 2017 / 9:43 PM / 6 months ago

BRIEF-Alliance One International Q3 loss per share $1.73

2 Min Read

Feb 6 (Reuters) - Alliance One International Inc

* Alliance One International reports improved sales volumes and improved gross profit as a percentage of sales for the nine months ended December 31, 2016

* Q3 loss per share $1.73

* Sees FY 2017 revenue about $1.79 billion to $1.84 billion

* Qtrly sales decreased 7.5% to $454.5 million

* Alliance One International Inc sees fiscal year 2017 adjusted EBITDA in a range of approximately $145.0-$165.0 million

* Alliance One International Inc says "initial reports indicate larger 2017 crops that we have begun to purchase in Brazil"

* Alliance One International Inc says experienced some shipping delays in Turkey due to timing of crop purchases from farmers that will push sales, profitability to next year

* Alliance One International Inc says in quarter, improved performance throughout much of global operations offset impact created by adverse El Niño weather, stronger U.S. dollar

* Alliance One International Inc says at quarter end, inventory decreased $90.5 million to $845.1 million when compared to same period last year Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below