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FOLSOM, N.J. -- South Jersey Industries (NYSE:SJI) announced today that earnings per share from continuing operations for the full year 2003 are expected to be at least 7% to 10% higher than 2002 results. This range represents an increase over the previously announced 6% to 7% earnings per share growth targeted for 2003.
“The strength of SJI’s performance year-to-date, coming from both our utility and non-utility businesses, warrants taking this step to apprise investors of our higher expectations for SJI,” stated Charles Biscieglia, SJI’s Chairman and CEO.
Today at 3:45 p.m. EDT, SJI will be presenting future performance expectations at the American Gas Association Financial Forum in Scottsdale, Arizona. To listen to a webcast of the presentation, simply visit the South Jersey Industries website at www.sjindustries.com and click the webcast icon.
South Jersey Industries (NYSE:SJI) is an energy services holding company for South Jersey Gas, South Jersey Energy, South Jersey Resources Group, LLC and Marina Energy LLC. Visit www.sjindustries.com for more information about SJI and its subsidiaries.
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