CORPORATE FINANCE
- From: Vol 5, Issue 2 (February 2004)
- Category: Need to know
- Region: Europe
- Country: France and United Kingdom
- Related Companies: Ofwat, Stone & Webster and Veolia
Suez and Veolia continued their return to favour with the markets. The two companies’ share prices are up more than 20% since the beginning of November.
They announced their full year revenue figures for 2003 at the beginning of the month to a favourable reception, although a story published in Le Monde suggesting that the Suez board had discussed demerging the business attracted more interest. No decision on the issue was reached, but the suggestion helped lift the share price 2.3% on the morning the ...
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