Google+
Рейтинг@Mail.ru
Pravda.ru

News » Economics

International Power Announces Q1 Profits Rise Of 31%

22.05.2002 | Source:

Pravda.Ru

 

International Power, Europe's biggest independent power producer, has said that first quarter profits rose by a greater than expected thirty one percent as the company built more power stations, countering the “weak” US prices. Net income rose to 51 million pounds ($74.4 million), or 4.4 pence a share, from 39 million pounds, or 3.4 p a share, in the year earlier period, said Chief Executive Officer Peter Giller in an interview. Profit was seen rising to forty four million pounds, according to four analysts polled by one news agency. “Their earnings guidance for the full year was for fourteen pence of earnings in 2002, it is looking increasingly likely they are going to exceed that,” said Philip Hollobone, an analyst at SG Securities. International Power, which has power plants in over thirteen countries, is building more stations to light two million homes in Europe, North America and the Middle East as it seeks to meet its target of twenty five percent earnings growth this year.

Visit to

&to=http://www.ipplc.com/' target=_blank>IPPLC

&to=http://www.neftegaz.ru' target=_blank>NEFTEGAZ

 
| More
1191

Popular photos

Most popular

Russian ground forces to be armed with modern arms before 2020
Russian ground forces to be armed with modern arms before 2020
Russian Defense Ministry plans to purchase more than 11 million units of new armored vehicles, as well as about 14,000 military vehicles, to equip ground troops with modern weapons on the level of 70...
United States of America revising its history and exceptionalism
United States of America revising its history and exceptionalism
The United States of America is revising history textbooks, while abandoning the idea of ​​exceptionalism of the American nation. At first, the White House caused a commotion among the Republicans...

Video

Popular photos

Система Orphus