A word from the Editor…

We have divided this issue of GWI into a number of regional sections to give the newsletter a slightly new look.

The main focus is on Europe, where the UK water companies have all announced their results for the year ending March 2001. As expected, all the companies have seen their profits hit by Ofwat’s periodic price review.

Interestingly, however, the market seems to have factored in the poor end-of-year results. The UK water sector actually outperformed the broader FTSE ...

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