Enviva Partners (EVA) Reports In-Line Q3 EPS

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Enviva Partners, LP Reports Financial Results for Third Quarter 2015

November 5, 2015 7:30 AM EST

BETHESDA, Md.--(BUSINESS WIRE)-- Enviva Partners, LP (NYSE: EVA) (the Partnership or we) today reported financial and operating results for the third quarter of 2015.

Highlights for the Quarter:

Generated adjusted EBITDA of $15.9 million on net income of $6.4 million, both in-line with guidance Increased quarterly cash distribution by approximately 7% to $0.4400 per unit Maintained strong balance sheet with $75.2 million of cash for future growth Acquisition of Southampton plant still expected in fourth quarter of 2015... More