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Univar: 4Q Earnings Snapshot
Feb 08


Editors Note Adds full-year results.

DOWNERS GROVE, Ill. (AP) _ Univar Inc. (UNVR) on Friday reported fourth-quarter profit of $1.2 million.

On a per-share basis, the Downers Grove, Illinois-based company said it had profit of 1 cent. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The specialty chemicals company posted revenue of $1.97 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $2. 2 billion.

For the year, the company reported profit of $172.3 million, or $1.21 per share. Revenue was reported as $8.63 billion.

Univar shares have increased 19 percent since the beginning of the year. The stock has dropped 21 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNVR at https://www.zacks.com/ap/UNVR


By The Associated Press, Copyright 2019