More on Southern Company Q4: Net profit climbs 8.1% • 9:19 AM
- Southern Company (SO +0.5%) net profit +8.1% to $414M, boosted by stronger economic growth and "closer-to-normal weather" vs a year earlier.
- Total retail sales volume +3.3% to $16.54B, with rises in residential and industrial sales helping to overcome a small drop in commercial energy.
- Puts back expected completion date of the highly expensive Kemper County clean-coal power project in Mississippi to the end of the year from a previous target of May.
- Previous (PR)
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