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Article: Alliance One International Reports Further Improvement in Second Quarter Operating Income.

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PR Newswire
Article date:
November 9, 2009
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MORRISVILLE, N.C., Nov. 9 /PRNewswire-FirstCall/ -- Alliance One International, Inc. today announced results for its second fiscal quarter ended September 30, 2009.

Second Quarter Results

Driven by core global operations, for the quarter and six months ended September 30, 2009, Operating Income increased $28.3 million and $39.2 million to $67.9 million and $119.1 million, respectively. During the second fiscal quarter this year the Company incurred a one time $40.3 million pre-tax, cash and non-cash debt retirement expense associated with the July-August 2009 debt refinancing, versus $1.0 million last year. Both negatively impacted Net Income. In that ...

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