Press Releases
18/09/2001
Interim Results for Six Months Ended 30 June 2001
Full announcement in PDF format 
.
To view this document you will need to have Adobe Acrobat Reader installed.
For more information about the 2001 Interim Results please go to the Results Announcements section.
(London - 18 September 2001) International Power plc, one of the world's leading independent power producers, today announces its half-year results for the six-month period ending 30 June 2001 and also reports on key accomplishments during the first eight months of 2001.
"Our half-year results reflect our US construction programme coming into operation on schedule, and the continued strong performance of our European and Australian assets," said International Power Chairman Sir Neville Simms. "The international spread of our operations mitigates our exposure to the business cycles of any single market and provides a strong platform for sustained growth in shareholder value," he added.
Our Half-Year 2001 Highlights:
Strong financial results, including:
- PBIT up 39% to £152 million from £109 million in H1 2000
- Earnings per share (basic) up 74% to 6.1p from 3.5p in H1 2000
Key performance drivers:
- Our US construction programme entering operation on schedule
- Strong operations and improved pool prices in Victoria, Australia, particularly in Q1
- Continued solid contribution from our European portfolio
Other key developments in 2001 to date:
- US - five new CCGTs (1,395 MW) put into service so far in 2001
- European asset portfolio repositioned
- 20-year contract for 1,500 MW Shuweihat power/desalination project in Abu Dhabi
- Completed US$1.375 billion investment grade credit facility in US
| Media contact: | Aarti Singhal |
| (Europe) | 020-7320-8681 |
| Investor contact: | Grant Jones |
| (Europe) | 020-7320-8619 |
| Media & Investor contact: | Paul Parshley |
| (United States) | 508-922-3124 |
