Essex Property (NYSE:ESS)
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5 Years : From May 2012 to May 2017
Dutch utility Essent NV said Thursday it swung to a EUR2.6 billion net profit in the first half of 2009, and said that it expects the transaction with Germany-based RWE (RWE.XE) will be completed in the third-quarter of 2009.
-Net profit in the first half was EUR2.6 billion.
-Profit from continuing operations attributable to shareholders of Essent NV was EUR185.6 million.
-Profit from discontinued operations was EUR2.41 billion.
-Revenue came in at EUR4.01 billion.
-The transaction with RWE is expected to be completed in the third quarter of 2009
-Essent expects growth of normalized profit from continuing operations for the whole of 2009 to amount to at least 10% compared to 2008.
- By Amsterdam Bureau, Dow Jones Newswires; firstname.lastname@example.org