FRENCH NEWS
- From: Vol 5, Issue 11 (November 2004)
- Category: Need to know
- Region: Europe
- Country: France and Spain
- Related Companies: Aguas de Barcelona, Credit Suisse First Boston, Gas Natural, La Caixa, Ondeo/Suez, Repsol and Veolia
Suez found itself downgraded by Credit Suisse First Boston after a fairly inoffensive set of third quarter results at the beginning of November.
The share price fell by a euro from a high of €19 immediately before the results were announced (this fall should be put in the context of the recovery in the share price from a low of €15 in August). The results showed steady progress by the water business, with organic growth in Europe of 3.5% and 5.9 ...
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