World Fuel Services (INT) Tops Q4 EPS by 1c

World Fuel Services Corporation Reports Fourth Quarter and Full Year 2015 Earnings

Consolidated volume increases 19% year-over-year

Generated operating cash flow of $448 million in 2015

MIAMI--(BUSINESS WIRE)-- World Fuel Services Corporation (NYSE: INT) today reported full year net income of $186.9 million or $2.64 diluted earnings per share. Excluding the impact of certain one-time items, adjusted full year net income was $193.3 million or $2.73 adjusted diluted earnings per share. For 2014, net income as adjusted for one-time items was $216.7 million or $3.04 adjusted diluted earnings per share. Non-GAAP net income and diluted earnings per share for the full year, excluding share-based compensation, amortization of acquired intangible assets and other... More

World Fuel Services Corporation to Acquire ExxonMobil Fueling Operations at 83 International Airport Locations

MIAMI--(BUSINESS WIRE)-- World Fuel Services Corporation (NYSE: INT) announced today that a wholly-owned subsidiary of the company has signed a definitive agreement to acquire from certain ExxonMobil affiliates their aviation fueling operations at 83 airports in Canada, the United Kingdom, Germany, Italy, Australia and New Zealand. Further, an additional three locations in France are expected to be added to the definitive agreement subject to certain required reviews associated with such transaction. The portfolio services the business and commercial aviation sectors and is comprised of certain related on-airport assets and operations. World Fuel will... More