Scottish Power posts profits hike

Energy group Scottish Power bettered market forecasts today after annual profits lifted 10% on the back of rising electricity prices.

Scottish Power posts profits hike
Tue, 25 May, 2004 - 12:04

Energy group Scottish Power bettered market forecasts today after annual profits lifted 10% on the back of rising electricity prices.

The Glasgow-based company, which operates power networks as well as supplying energy services, was also helped by a 16% improvement in UK customer numbers - up by 600,000 at £4.25m (€6m).

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