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constellation energy 2005 Annual Report
The 2005 annual report summarizes Constellation Energy's strong financial performance and strategic moves that positioned it for continued success. Record earnings per share of $3.62 in 2005 represented 16% growth over 2004. Total revenues reached $17.1 billion. The company also announced a merger with FPL Group that would make it the largest competitive energy supplier and second-largest utility in the US, positioning it as an "end-game player" in industry consolidation. Chairman Mayo Shattuck expressed confidence that the company's balanced business strategy would continue delivering superior returns for shareholders in the future.
