France leads the pack as Europe streaks ahead
- From: Vol 8, Issue 1 (January 2007)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Acea, Aguas de Barcelona, Altrix, AMGA, Anglian Water, AWG, Bristol Water Holdings, Christ Water Technology, Gaz de France, Innoterv, Macquarie, Medscreen, Merrill Lynch, Mid Kent Water, Nomura, Northumbrian Water, Osprey, Pictet, RWE, Severn Trent Water, Suez, Thames Water, United Utilities and Veolia
Suez and Veolia witnessed spectacular share appreciation in 2006 – albeit for different reasons. Meanwhile, private equity interest in UK stocks means that valuations in the sector are now stretched to the limit.
The shares of publicly quoted European water companies enjoyed a year of spectacular growth in 2006, as booming demand from infrastructure funds and other financial investors drove valuations to record levels.
All the remaining companies listed on the London Stock Exchange saw their market capitalizations increase by considerably larger margins than they did the previous year, with the shares of ...
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