European giants set the pace
- From: Vol 7, Issue 1 (January 2006)
- Category: General
- Region: Europe
- Country: France
- Related Companies: AWG, Deutsche Bank, Kelda, Northumbrian Water, Pictet, Royal Bank of Scotland, RWE/Thames (Water), Saur/Bouygues, Severn Trent Water, Southern Water, Suez, United Utilities, Veolia and Yorkshire Water
The big three European utilities – RWE, Suez and Veolia – storm ahead with a little help from their other interests.
European water stocks proved a handsome investment over the past year, as the share prices of virtually all the publicly quoted groups rose by between just over 11% and 45% during the 12 months to January.
The biggest gains were seen at the giant Continental European utilities that own the three largest water groups in the world – RWE (Thames), Suez ...
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