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Aqua America Reports Record Earnings For Second Quarter

Stocks in this article: WTR

The company’s conference call with financial analysts will take place on Tuesday, July 31, 2012 at 11 a.m. Eastern Daylight Time. The call will be webcast live so that interested parties may listen over the Internet by logging on to www.aquaamerica.com and following the link for Investor Relations. The conference call will be archived in the investor relations section of the company’s website for 90 days following the call. Additionally, the call will be recorded and made available for replay at 2 p.m. on July 31, 2012 for 10 business days following the call. To access the audio replay in the U.S., dial 888.203.1112 (pass code 3650439). International callers can dial 719.457.0820 (pass code 3650439).

Aqua America is one of the largest U.S.-based, publicly-traded water utilities and serves almost 3 million residents in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana, Florida, Virginia, and Georgia. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, management’s continuation of improvement in the operations and maintenance expense to revenue ratio, the estimated revenues from rate awards received, the completion of major rate cases later in 2012, the company's plans to file future rate increases and the timing of the impact of such cases, the continuation of the company’s capital investment program and the amount of capital investment by the company planned for 2012, the projected impact of recent transactions, the company’s commitment to its growth-through-acquisition program, the anticipated completion of the next phase of the Marcellus Shale water pipeline project, the plan to transition portions of the company’s vehicles to natural gas and the costs savings from this transition and the projected benefits from the company’s solar farms. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions; housing and customer growth trends; unfavorable weather conditions; the success of certain cost containment initiatives; the extent to which rate increase requests are granted and the timing of rate awards; changes in regulations or regulatory treatment; availability and the cost of capital; disruptions in the credit markets; the success of growth initiatives; and other factors discussed in our Annual Report on Form 10-K for the period ending December 31, 2011, which is on file with the SEC. We undertake no obligation to publicly update or revise any forward-looking statement.

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