AMERCO REPORTS SECOND QUARTER FISCAL 2014 FINANCIAL RESULTS

November 6, 2013 Download

RENO, Nev. (November 6, 2013)--AMERCO (Nasdaq: UHAL), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its second quarter ended September 30, 2013, of $138 million, or $7.06 per share, compared with net earnings of $109.4 million, or $5.61 per share, for the same period last year.

For the six-month period ended September 30, 2013, net earnings available to common shareholders were $251 million, or $12.84 per share compared with net earnings of $190 million, or $9.74 per share, for the same period last year.

“Our efforts to improve convenience for our customers through the addition of new company operated locations and independent dealers along with an expanded fleet of trucks and trailers has resulted in continued revenue growth,” stated Joe Shoen, chairman of AMERCO.