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Aes Corp




Aes Corp is a fortune 500 stock listed company trading under the symbol AES the Company has a good and proven stock performance record.
 
AES was founded in 1981 based on the principle that empowered people can achieve remarkable success. AES is one of the world's leading power companies. Every day, around the globe 30,000 people generate and deliver the electricity that accelerates businesses, energizes hospitals and schools, and elevates the quality of life for millions of people.
 
AES Board of Directors consist of  Richard Darman (Chairman), Kristina Johnson (Director), Philip Lader (Director), Sandra Moose (Director), Charles Rossotti (Director), Paul Hanrahan (Director), John Koskinen (Director), John McArthur (Director), Philip Odeen (Director), Sven Sandstrom (Director), and Roger Sant (Director, Chairman Emeritus and Co-Founder).

Today, with businesses in 25 countries, the company continues to improve and expand their global power services through great people, solid operations, and strong financial results. AES is one of the world's largest global companies with 2005 revenues of 11.1 billion dollars. Within operations in 25 countries on five continents, AES's generation and distribution facilities have the capacity to serve 100 million people worldwide. Their 14 regulated utilities amass annual sales of over 82,000 MWh and our 128 generation facilities have the capacity to generate 44,000 megawatts. The Company’s global workforce of 30,000 people is committed to operational excellence and meeting the world's growing power needs.

The AES Corporation recently reported strong results for the fourth quarter and full year, with annual revenues of 11,086 million dollars, up 17 percent from last year. The fourth quarter net income was 177 million dollars or 0.27 dollar per diluted share. This compares to net income of 101 million dollars or 0.16 dollar per diluted share in the fourth quarter of 2004. The fourth quarter income from continuing operations were 179 million dollars or 0.27 dollar per diluted share, compared to 19 million dollar or 0.03 dollar per diluted share in the prior year quarter. The fourth quarter adjusted earnings per share were 0.28 dollar compared to 0.10 dollar last year.

Revenue increased 18 percent from the fourth quarter of 2004 to 2,973 million dollars, primarily due to favorable foreign currency exchange rates in Brazil and tariff increases in our Brazil and Argentina regulated utilities. Excluding the estimated impacts of foreign currency translation, revenues increased 11 percent.

With the past performance of the company in mind and the expertise and dedication of the management and staff the company is expected go to far greater heights in the near future.

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