AWG: where’s the growth?
- From: Vol 3, Issue 12 (December 2002)
- Category: Performer of the month
- Region: Europe
- Country: United Kingdom
- Related Companies: American Water Works, AWG, Betz (formerly BetzDearborn), General Electric/Osmonics, Glegg, HSBC, Innogy, RWE and United Utilities
The market has undervalued AWG but has the company done enough to change the doubters’ minds?
AWG’s share price had been looking a bit limp until last month. Yet as our table on p.21 illustrates, shares in the company rose 5.4% in November while the rest of the English and Welsh water industry slipped back – the FTSE Water index fell nearly 1% in November.
The obvious explanation is that AWG had been trading ...
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