... environment; significant increases and volatility in commodity prices, rising inflation and tight labor market. 1. These factors, along with Dec. being warmest on record in US, aligned to have negative impact on results as Co. reported adjusted EPS of $0.93. a. 2. AmeriGas, despite seeing promising customer growth in several areas, reported lower overall volumes due to weather, impact of customer service challenges from prior year after establishing new operating model, and effect of higher commodity prices on customer usage. 3. UGI International had lower avg. LPG unit margins and lower energy marketing margins that were largely due to higher commodity costs. 4. Natural gas businesses delivered strong results, despite warmer weather, due to incremental earnings from Mountaineer, higher gas base rates that went into effect last year, and higher margin from renewable energy marketing activities. 5. Per historical practice, not discussing...
