“We are very pleased with our strong first quarter financial results,” said Jimmy Addison, senior vice president and chief financial officer. “Several positive factors contributed to the higher quarterly earnings, including sustained customer growth throughout our regulated service territories, improved industrial and wholesale sales and the impact of the retail electric rate increase in South Carolina. We also had improved earnings in our non-regulated retail natural gas marketing business in Georgia.”
Columbia, SC, April 24, 2008...SCANA Corporation (NYSE: SCG) today reported consolidated earnings for the first quarter of 2008 of $109 million, or $.94 per share, compared to $86 million, or $.73 per share, for the first quarter of 2007.
The full press release with financial data is available in Adobe PDF format: