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World Fuel Services reports Q4 adjusted EPS 54c, consensus 48c

Reports Q4 revenue $13.88B, consensus $14.16B. The company said, "The adaptability of our diversified portfolio of complementary businesses enabled us to successfully navigate an increasingly turbulent market in 2022 to produce a solid full year result. We have established a strong foundation for ratable growth and will leverage our global expertise to provide an expanding suite of products and services, including our evolving sustainability offerings, to deliver long-term value to our customers, suppliers and shareholders. In 2022, our Adjusted EBITDA improved significantly year-over-year. Despite higher energy prices in 2022, our strong EBITDA performance further enhanced our liquidity profile which provides greater capacity to invest in growth opportunities, while also continuing to return capital to shareholders through share buybacks and dividends."

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Published first on TheFly

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