Sabesp’s stars align to ensure another successful year
- From: Vol 8, Issue 1 (January 2007)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Copasa, Sabesp and Stanford Washington Research Group
The São Paolo water company was the star performer in its home market in 2006. Can it continue its run in 2007?
The passing of the new sanitation law (Lei de Saneamento Basico) on 12 December was the most significant mover of Brazilian water stocks in 2006.
Although shares in the three listed companies Sabesp, Sanepar and Copasa jumped by up to 15% when the bill was passed, these gains were largely wiped out when president Lula subsequently made several alterations to ...
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