Canadian Utilities A (TSE:CU) has released an update.
Canadian Utilities Limited reported a modest increase in first quarter 2024 adjusted earnings, rising to $225 million, compared to $217 million in the same period last year. However, IFRS earnings for Q1 2024 were $242 million, a decrease from the previous year’s $292 million. The company also realigned its operational segments and invested $316 million in capital expenditures, focusing primarily on regulated utilities within ATCO Energy Systems and the newly formed ATCO Australia segment.
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