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Global Partners LP Reaffirms FY 2013 EBITDA Guidance

Thursday, 9 May 2013 08:00am EDT 

Global Partners LP announced that excluding the Cascade Kelly Holdings acquisition, for fiscal 2013 the Partnership continues to expect EBITDA in the range of $175 million to $190 million. The Partnership's outlook is based on assumptions regarding current market conditions, including demand for petroleum products and renewable fuels, weather, credit markets and the forward product pricing curve, which will influence quarterly financial results. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBITDA of $190 million for fiscal 2013. 

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