Suez and VE turn the corner
- From: Vol 4, Issue 5 (May 2003)
- Category: Market insight
- Region: Unspecified
- Country: France, United Kingdom and United States
- Related Companies: American Water Works, AWG, Deutsche Bank, Ionics, Mid Kent Water, Northumbrian Water, Pico Holdings, RWE, Sabesp, Saur/Bouygues, Schwab Capital Markets, Standard & Poor’s, Suez, Tractebel, United Utilities, Veolia Environnement (formerly Vivendi Environnement) and WestLB
Have the French companies bottomed-out?
Three companies stood out last month – Suez, Vivendi Environnement and Sabesp. Share prices on the New York Stock Exchange for these three rose by an average of over 37% in April.
The much-criticised Suez was up 38.9% with its shares finishing the month at $16.11; the company’s performance on the Paris Bourse was equally impressive – up 37 ...
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