AES Earnings Call, Fourth Quarter 2007
17th June 2008 00:00 AM |
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| Progress was made in expanding projects in the global pipeline of alternative energy businesses and movement into new higher growth markets. |
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| The global power firm reported a 25% rise in sales to $3.7 billion on higher prices and volumes from the generation businesses. Income was $8 million, or 1 cents a share, down 47% to $15 million or 2 cents a share due to charges of 24 cents per share which includes primarily asset impairment charges. The firm improved its capital structure by refinancing Senior Secured Second Priority Notes with Senior Unsecured Debt, lowering borrowing costs and improving covenants. |
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AES First Quarter Earnings Call
12th May 2008 00:00 AM |
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| Focus on the execution of the global pipeline of core, wind, solar and climate solution projects, positions the firm for continued growth |
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| The global power company realised earnings of $233 million or 34 cents a share, up from a loss of $461 million or 17 cents a share in 2007 as revenues rose 33% to $4.1 billion. This followed improved operations as well as generally better than anticipated environmental condition in Latin America. With the stock currently trading at low levels, the firm is considering buybacks as an attractive option, seriously competing with other investment opportunities. |
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