Exhibit 99.1
(GRAPHIC)
Contact:
Jeff Misakian
Vice President, Investor Relations
(562) 552-9417
jmisakian@go2uti.com
UTi WORLDWIDE REPORTS FISCAL 2009
FOURTH QUARTER AND FULL YEAR RESULTS
— Company Reports Goodwill Impairment and Other Charges —
— Results Impacted by Adverse Currency Changes and by Rapid Decline in
Freight and Logistics Volumes Late in Fourth Quarter —
— Latest Cost Reduction Actions to Save $50 Million in Fiscal 2010 —
          Long Beach, Calif., March 26, 2009
— UTi Worldwide Inc. (NASDAQ: UTIW) today reported financial results for its fiscal 2009 fourth quarter ended January 31, 2009. The company reported a loss in the 2009 fiscal fourth quarter due to goodwill impairment and other charges. Results in the fiscal 2009 fourth quarter were also adversely impacted by the significant and rapid decline in freight and logistics volumes and by the considerable weakening of most currencies against the U.S. dollar.
Fiscal Fourth Quarter 2009 vs. 2008 Results:
    Revenues decreased 26 percent to $894.1 million from $1,202.2 million.
 
    Net revenues decreased 17 percent to $332.7 million from $400.8 million.
 
    Net loss was $89.8 million, or $0.89 per diluted share, compared to net income of $18.0 million, or $0.18 per diluted share.
 
    Excluding goodwill impairment and other charges, adjusted net income in the 2009 fiscal fourth quarter was $15.3 million, or $0.15 per diluted share; by further excluding the impact from currency changes, adjusted earnings per share was $0.21 per diluted share.
 
    Excluding after-tax restructuring charges of $6.2 million, adjusted net income in last year’s fourth quarter was $24.2 million, or $0.24 per diluted share.
          A reconciliation of GAAP to non-GAAP results is provided in the supplemental financial information attached to this release.
          The company also reported that net cash provided by operating activities was $150.5 million in fiscal 2009 compared to $106.7 million in fiscal 2008. Net cash provided by operating activities in the fiscal 2009 fourth quarter was $77.6 million compared to $69.3 million in the fourth quarter last year.

Page 1 of 5


The following information was filed by Uti Worldwide Inc (UTIW) on Thursday, March 26, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Uti Worldwide Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Uti Worldwide Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account