WGL Holdings Announces Five-Year Financial Objectives; Targets 7 Percent Annual Operating Earnings GrowthFebruary 16, 2012
WASHINGTON--(BUSINESS WIRE)--At a financial analyst meeting today, executives of WGL Holdings, Inc. (NYSE:WGL) will announce the company's plans to achieve the following five-year financial objectives for the company's fiscal years 2012 through 2016:
1. Grow non-GAAP earnings per share by 7 percent per year through 2016;
2. Maintain a strong balance sheet and top-tier credit ratings for all stakeholders; and
3. Deliver sustainable dividend growth of 3 to 4 percent per year.
WGL Holdings, Inc.
Ruben Rodriguez, 202-624-6620
Douglas Bonawitz, 202-624-6129