UGI Utilities Sells HVAC Business

UGI Utilities' operating income increase was partially offset by a decrease in other income, as the prior year included incremental income from the sale of its HVAC business.

“Operating income increased reflecting higher total margin and the decrease in operating and administrative expenses, partially offset by a decrease in other income as the prior year included incremental income from construction services and the sale of Utility's HVAC business.”

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