| Business Summary | | PowerGen
PLC's
core
business
in
the
United
Kingdom
is
electricity
production
including
fuel
purchasing
and
trading),
electricity
distribution,
gas
transportation
and
electricity/gas
supply,
marketing
and
trading.
These
activities
are
complemented
by
PowerGen's
business
in
international
power
generation.
PowerGen's
strategy
is
to
develop
an
international
vertically
integrated
electricity
and
gas
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PowerGen
PLC
engages
in
the
generation
and
sale
of
electricity.
PWG
also
explores
and
develops
oil,
coal
and
gas
properties
in
Europe
and
Asia.
For
the
six
months
ended
6/30/01,
revenues
increased
46%
to
L2.99
billion.
Net
income
according
to
U.S
GAAP
adjustment
decreased
34%
to
L114M.
Revenues
reflect
increased
demand
and
higher
outages
from
competitors
resulting
in
an
increase
in
output.
Net
income
was
offset
by
increased
operating
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Edmund Wallis, 60 | Chairman | Nick Baldwin, 47 | CEO,
Director | David Jackson, 46 | Sec. | Peter Hickson, 54 | Group
Fin. Director , Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|