Fortis Inc. operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fortis Inc. with three other
companies in this sector in Canada:
Hydro One Ltd
sales of 6.55 billion Canadian Dollars [US$4.91 billion]
of which 75%
(4.28 billion Canadian Dollars [US$3.20 billion]
of which 43%
was Emera Florida), and
Just Energy Group Incorporation
(4.11 billion Canadian Dollars [US$3.08 billion]
of which 53%
was Consumer Division(Gas)).
During the year ended December of 2016, sales at
Fortis Inc. were C$6.84 billion (US$5.12 billion).
a very small
increase of 1.7%
versus 2015, when the company's sales were C$6.73 billion.
This was the fourth straight year of sales growth at Fortis Inc..
Sales of Energy Infrastructure saw an increase
that was more than double the company's growth rate: sales were up
80.4% in 2016, from
C$107.00 million to C$193.00 million.
Fortis Inc. also saw significant increases in sales in
Electric - Eastern Canadian (up 2.9% to C$1.06 billion)
Fortis British Columbia (up 4.7% to C$377.00 million)
Not all segments of Fortis Inc. experienced an increase in sales in 2016:
sales of Fortisbc Energy fell 11.1% to C$1.15 billion.
Fortis Inc. also experienced decreases in sales in
Uns Energy (down 1.6% to C$2.00 billion)
Central Hudson Us (down 3.5% to C$849.00 million)
Electirc Caribbean (down 6.2% to C$301.00 million)