Energy Group Is Expecting 'Substantially Higher' Profits

Western Morning News, The › September 29, 2009

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Summary

THE energy firm behind Southern Electric, Swalec and Scottish Hydro Electric yesterday said it expected profits to be "substantially higher" than last year.

Scottish & Southern Energy said the figure for the six months to September 30 compared with "exceptionally low" profits a year earlier, when the surplus fell 54 per cent to Pounds 302.6 million due to delayed price rises.

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Energy Group Is Expecting 'Substantially Higher' Profits

As well as supplying gas and electricity to nine...

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