CFOs Speak Out: Growing Overseas

Deck: 

John R. Biggar, Executive VP and CFO, PPL Corp.

Fortnightly Magazine - October 2005
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Why did PPL recently revise its growth rates upward? What is driving the revised numbers?

John R. Biggar: When we reported second quarter earnings at our analysts meeting on August 2 in New York, we announced a number of things that improved the long-term outlook for the company. In this regard, we revised our long-term, annual compound growth rate from 3 to 5 percent to 6 to 7 percent in earnings per share through 2010. This is a significant increase in our growth forecast over the longer term.

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