Three point turnaround
- From: Vol 4, Issue 6 (June 2003)
- Category: Market insight
- Region: Unspecified
- Country: China, France and United States
- Related Companies: Electrabel, Fortis, Northumbrian Water, RWE, Suez, Tractebel, US Filter and Veolia Environnement (formerly Vivendi Environnement)
Christopher Gasson looks at what distinguishes the three major players in the water industry, and whether they have turned a corner on their recent performance.
The big three of the international water industry, Veolia Environnement (formerly Vivendi Environnement), Suez and RWE have a lot in common. They are market leaders in the water business in every continent; they have other interests in waste and energy and they are highly leveraged. Each outperformed the market in 2000 and the first half of 2001, but have since ...
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