Universal Corporation Reports Nine Month Results

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Universal Corp. (UVV) Reports Q3 EPS of $1.11

February 8, 2021 4:29 PM EST

Universal Corp. (NYSE: UVV) reported Q3 EPS of $1.11.

Mr. Freeman continued, "We have also made considerable progress towards delivering on our capital allocation strategy in the third fiscal quarter of 2021. One pillar of this strategy is to deliver shareholder value through building and enhancing our plant-based ingredients platform. On October 1, 2020, we acquired Silva International, Inc., a natural, specialty dehydrated vegetable, fruit, and herb processing company. We have been working diligently throughout the quarter on integrating and exploring opportunities for synergies between our recently acquired businesses, FruitSmart, Inc. and Silva. During this process, we concluded... More