Revenues increased 10 percent to $495 million for the first quarter of this year versus $451 for the first quarter of 2010, the company said. DPL attributed the increase in part to higher average retail rates and volume.
DPL reaffirmed its guidance for 2011 adjusted earnings per share from continuing operations of $2.30 to $2.55 per share.
On April 20, DPL agreed to be acquired by AES Corp. for $4.7 billion, including the assumption of debt.
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