CALGARY, AB, Feb. 26, 2026 /CNW/ - Canadian Utilities Limited (TSX: CU)
Canadian Utilities Limited (Canadian Utilities or the Company) today announced adjusted earnings (1) in 2025 of $658 million ($2.42 per share), which were $11 million ($0.04 per share) higher compared to $647 million ($2.38 per share) in 2024. Fourth quarter adjusted earnings in 2025 of $197 million ($0.72 per share) were $6 million ($0.02 per share) lower compared to $203 million ($0.74 per share) in the fourth quarter of 2024. In 2025, Canadian Utilities was impacted ($57 million) by the temporary decrease in the regulated 2025 return on equity, the completion of the regulated efficiency carryover mechanism at the end of 2024, and the strategic decision to redeploy capital from ATCO Energy Ltd. (ATCO Energy) into our core businesses with the sale of ATCO Energy to ATCO Ltd. Our continued adjusted earnings growth in the face of 2025 headwinds highlights the strength and resiliency of the Company's portfolio and its people.
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