Aegean Marine Petroleum Network met analyst expectations as its profit slipped 3.7% in the first quarter.

The Peter Georgiopoulos-backed bunkers supplier reported net income of $11.8m, down from $12.2m in the same period of 2015.

Peter Georgiopoulos

But its earnings per share (EPS) of $0.25 was just as Wall Street predicted.

The New York-listed company moved 4.21 million tonnes of fuel during the period, which marked record sales volume.

President