 Scottish Power is a major player in the UK energy market |
Scottish Power has generated a 45% increase in profits for the first half of the year, but has declined to comment on recent takeover rumours. Pre-tax profits rose to �273m in the six months to September 30, up from �189m in the same period of 2004.
But Scottish Power stayed quiet on rumoured takeover talks with German utility firm E.ON and a possible rival bid from Scottish & Southern Energy.
Its shares have risen steadily since E.ON declared an interest in September.
Scottish Power supplies energy to 5.2 million customers in the UK.
Hit by rising wholesale energy costs, it followed the lead of other power companies by announcing an increase in electricity and gas bills in October.
One-Minute World News 
News services
E-mail this to a friend 
Printable version 