Tribune staff report | Sales at Merrillville, Ind. energy company Nisource grew about 1 percent in the fourth-quarter but earnings was $88.5 million or $0.32 per share, down 30 percent from $127.5 million profit in the same quarter last year. Analysts were expecting about 37 cents per share.
NiSource President and Chief Executive Officer Robert C. Skaggs, Jr.
said disruptions in financial markets and “a very challenging economic
environment particularly in our Northern Indiana markets” hurt results
this year but said the company’s underlying business performance
remained strong.
For the year, operating earnings were $231.2 million, off more than 37 percent from the previous year’s $370.6 million.
Read the earnings statement: prnewswire.com
Moved to NatWest when undertaking a huge expansion of our small company 6 years ago (from Barclays as they were not helpful with our plans). I don’t know why I’ve stuck with them for 6 years, the personal business manager is useless, their customer relations are non existant, their attention to our needs is zero, no calls back, no help whatsover. Don’t waste your time with NatWest. They are hopeless and I’m now going to look elsewhere.