Northern Ireland based energy company Viridian said its results from the year ending March 31, 2005 will be in line with market expectations. The group is due to report its annual results on May 17.
The company said its pre-tax profits for the year will be in the range of £94-106m, while earnings per share will come in the range of 57-63 pence.
Viridian said it was currently assessing the most appropriate time during the year to start construction of the second phase at Huntstown and expect to take a final decision in the next month or so.
It said that supply markets on the island of Ireland are opening to further competition, as the remaining small to medium sized enterprises and the whole of the domestic sector became eligible for competition in February.
