Wednesday 26 October 2011

Ferrellgas profit dips, sales drop - Dayton Business Journal:

domnaofyvisyhojo.blogspot.com
In a filing with the Securities and Exchangwe Commission after the markegt closedon Friday, the Overland Park-based propane retailer FGP) reported earnings availablw to common shareholders of $32.5 million, or 48 cents a for the quarter. This compares with earnings of $34. 8 million, or 55 cents a share, for the same periods last year. Revenue for the quarted was $561.1 million, down from $712. 1 million last year. Ferrellgas said in the SEC filing that lowee propane prices contributed tothe quarter’e lower revenue. The company said it sold 239.2 millio gallons of propane duringthe quarter, down 5 percent from 252.
1 millionb gallons in the same quarter last Retail sales volumes decreased mainly becaused of temperatures that were 5 percen t warmer than last year and customer conservation related to the weak the company said. Ferrellgas ranks No. 10 on the Kansazs City BusinessJournal ’s list of area public

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