Annual Report 2008
2008 again demonstrated the strength of our portfolio. PFO was up in all regions with particularly strong growth in Australia and North America. Good performance from the European assets, principally First Hydro, helped to offset the impact of the unplanned outage at Rugeley. Our plants in the Middle East and Asia operated well, delivering a consistent performance.
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North America
Profit from operations in North America was up at £177 million, from £136 million last year.
Australia
Profit from operations in Australia increased significantly to £168 million from £82 million in 2007.
