Gelsenwasser upbeat despite sales drop
- From: Vol 7, Issue 5 (May 2006)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: Gelsenwasser
Falling industrial water and gas demand have had an impact on revenues, but it is not all bad news for the Rhur-based utility.
Despite reporting a downbeat set of results for 2005, Gelsenwasser chairman Dr Manfred Scholle remains positive about the company’s prospects for expansion both at home and abroad.
During 2005, Gelsenwasser saw its water sales fall by 3% to 233.1 million m3. After an increase in tariffs, this led to a €1 million drop in revenues to €224 ...
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