Fortis (TSE:FTS) has released an update.
Fortis Inc. has reported a robust start to 2024 with first quarter net earnings of $459 million, an increase from the previous year’s $437 million, reflecting growth in their diversified utility operations. The company’s capital expenditure plan is progressing as expected, with $1.1 billion invested in the first quarter, and their commitment to sustainability is underscored by the release of the 2024 Climate Report. These financial and strategic developments signal a positive outlook for Fortis and its stakeholders in the energy sector.
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