A vintage year for European water stocks
- From: Vol 6, Issue 1 (January 2005)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: AWG, Barclays Capital, Cambridge Water, Kelda, Nomura, Northumbrian Water, Pictet, RWE/Thames (Water), Severn Trent Water, South Staffordshire Group, Suez, Sustainable Asset Management, Veolia and Yorkshire Water
After three tough years, European water stocks have finally rewarded investors. Will 2005 match last year’s success?
The European water industry returned to favour with investors in 2004, and the share prices of all the sector\'s main companies ended the year significantly higher than they started it.
The biggest gains were seen in the UK (see table p9), where the decision by the industry regulator Ofwat to allow the companies higher-than-expected tariff rises for the next ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
