A look back at 2002

Despite some steady performances, 2002 was generally a disappointing year for the water industry.

Our year-end analysis of water companies’ performance reveals that 2002 was a year to forget. Only a handful of companies performed well, the majority struggled, and some – like Cadiz – probably wondered why they were even in the business.

Only ten companies monitored by GWI managed to eke out positive gains for 2002. Of these, only three produced returns in double ...

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