UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 30, 2003
COMMISSION FILE NUMBER 1-9533
WORLD FUEL SERVICES CORPORATION
(Exact name of registrant as specified in its charter)
Florida (State or other jurisdiction of incorporation) |
59-2459427 (I.R.S. Employer Identification No.) | |
9800 N.W. 41st Street, Suite 400 Miami (Address of principal executive offices) |
33178 (Zip Code) |
Registrants telephone number, including area code: (305) 428-8000
Item 5. Other Events and Regulation FD Disclosure
World Fuel Services Corporation (NYSE:INT), a global leader in the marketing and financing of aviation and marine fuel products and related services, today reported record net income for the second quarter ended June 30, 2003. Net income rose 23 percent to $5.4 million, or $0.49 per diluted share, as compared to $4.4 million, or $0.41 per diluted share, for the same quarter in the prior year. For the six months ended June 30, 2003, the Company reported record earnings of $10.7 million, or $0.97 per diluted share, as compared to $8.9 million, or $0.82 per diluted share, for the same period a year ago.
We are very pleased with our strong results, which validates our business model and demonstrates the effectiveness of team initiatives. We continue to remain on track for a good year said Paul Stebbins, Chairman and Chief Executive Officer.
See exhibit 99.1 for the press release.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. |
Description | |
99.1 | Press Release dated July 30, 2003. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 1, 2003 |
World Fuel Services Corporation | |||
/s/ Michael J. Kasbar | ||||
Michael J. Kasbar President and Chief Operating Officer |
/s/ Francis X. Shea | ||||
Francis X. Shea Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) |