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ALLETE, Inc. Reports 2008 Earnings of $2.82 Per Share.

Publication: Business Wire
Publication Date: 13-FEB-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: ALLETE, Inc. Reports 2008 Earnings of $2.82 Per Share.(Financial report)

Article Excerpt
DULUTH, Minn. -- ALLETE, Inc. (NYSE: ALE) today reported 2008 earnings of $2.82 per share, compared with 2007 earnings of $3.08. Net income for 2008 was $82.5 million on operating revenue of $801 million, versus 2007 net income of $87.6 million and operating revenue of $841.7 million.

"ALLETE achieved 2008 earnings within the guidance range we projected at the end of 2007," said Don Shippar, ALLETE's Chairman, President and Chief Executive Officer....

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