Suburban Propane Restructures HVAC Business

Suburban Propane Partners, L.P. restructured its HVAC segment during the second half of fiscal 2006, reducing HVAC installation activities and reorganizing the segment to improve cost structure and operating efficiencies.

“The improvement in year-over-year quarterly earnings reflects the benefits of the Partnership’s field realignment efforts which began during the fourth quarter of fiscal 2005, as well as from the steps taken in the second half of fiscal 2006 to restructure its HVAC business.”

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