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Aegean Marine Petroleum Network Inc. Announces First Quarter 2016 Financial Results
May 24, 2016 4:20 PM EDTNEW YORK, May 24, 2016 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) ("Aegean" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2016.
First Quarter Financial Highlights
Recorded record sales volumes of 4,212,636 metric tons. Achieved gross profit of $80.9 million. Generated operating income of $18.3 million. Recorded net income attributable to Aegean shareholders of $11.8 million or $0.24 basic and diluted earnings per share. Generated EBITDA of $27.1 million.First Quarter Operational Highlights
Commenced operations in Algoa Bay,... More