DPL Inc. reports earnings.DAYTON Dayton, city (1990 pop. 182,044), seat of Montgomery co., SW Ohio, on the Great Miami River where it is joined by the Stillwater River; inc. 1805. It is the trade center for a fertile farm area, but is best known for its involvement with industry, invention, and , Ohio--(BUSINESS WIRE)--Oct. 12, 1995--DPL Inc. reported earnings of 39 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. for the third quarter of 1995, an increase from the 36 cents per share earned in the same period a year ago. For the nine months ended Sept. 30, 1995, earnings were $1.33 per share, up six cents from $1.27 per share in 1994. Peter H. Forster For·ster , E(dward) M(organ) 1879-1970. British writer whose novels, such as A Room with a View (1908) and Howards End (1910), explore the emotional and moral shortcomings of England's upper classes. , chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. Inc. said, "Continued strong business activity, hot summer weather, and efficient operations all combined to produce solid financial results in the third quarter. Electric sales to business customers were up 8 percent over the same period a year ago, and total retail sales were up 12 percent. DP&L customers also established a new all-time all-time adj. Exceeding all others up to the present time: an all-time speed skating record. all-time Adjective Informal record for peak electricity usage of 2,961,000 kilowatts on Aug. 14, 1995 during one of the hottest months in the last twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. . These strong sales gains were partially offset by financing fees associated with a recent debt refinancing Refinancing An extension and/or increase in amount of existing debt. . We remain on course to meet our 1995 financial and operating targets," stated Forster. -0-
DPL Inc.
FINANCIAL DATA
(Unaudited)
Three Months Ended
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September
1995 1994
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Earnings per share of common stock $ 0.39 $ 0.36
Operating revenues (000) $ 303,688 $ 267,903
Net income (000) $ 39,443 $ 36,899
Average number of common shares
outstanding (000) 101,135 101,418
Nine Months Ended
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September
1995 1994
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Earnings per share of common stock $ 1.33 $ 1.27
Operating revenues (000) $ 933,537 $ 904,952
Net income (000) $ 134,857 $ 127,153
Average number of common shares
outstanding (000) 101,107 100,207
CONTACT: DPL Inc., Dayton DPL Medialine, 513/224-5940 |
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