PPL Corporation (NYSE:PPL) Q4 2019 Earnings Conference Call - Final Transcript

Feb 14, 2020 • 10:00 am ET


PPL Corporation (NYSE:PPL) Q4 2019 Earnings Conference Call - Final Transcript


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William H. Spence

of its earnings driven by stable, high-performing regulated businesses. In short, we are stronger today than we were a decade ago. We're better positioned to invest in the future, and as we celebrate our centennial, we are poised to power progress for another 100 years.

When our directors first met a century ago, they did so at a pivotal time. The country was beginning to move from a patchwork quilt of isolated lighting companies to a coordinated network of regional utilities, power plants and transmission lines. Born in that moment, PPL would help drive that change, extending electricity service throughout the regions we serve, expanding to meet the needs and demands of rapid industrial growth and helping to improve quality of life for generations of customers.

Today, we again find ourselves at a pivotal moment for our industry, which is investing in new technologies to reshape not only how we deliver power but how we produce it as well. In this moment, we remain as committed as ever to powering progress, to fostering innovation, to creating long-term shareowner value and to making a positive impact on society.

In closing, I'm proud of our past achievements, I'm equally excited about our future and I'm convinced that PPL's best days are ahead.

With that, operator, let's open the call for questions, please.