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Article: AES Meets Full Year 2008 Guidance For Consolidated Operating Cash Flow of $2.2 Billion And Free Cash Flow Of $1.4 Billion.
- Article from:
- Business Wire
- Article date:
- February 27, 2009
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* Improved Parent Company Liquidity to $1.4 billion in Fourth Quarter, up 21 percent from prior quarter
* Full Year Earnings Per Share from Continuing Operations up 150% to $1.80, including $905 million or $1.31 gain from sale of northern Kazakhstan assets
* Full Year Adjusted Earnings Per Share of $0.99, including $0.19 of foreign currency transaction losses, compared to $1.01 in prior year
* Issues 2009 Guidance
ARLINGTON, Va. -- The AES Corporation (NYSE: AES) today reported solid results for 2008 with a 19 percent increase in revenue and nine percent growth in gross margin. This strong performance resulted from improved operations ...