IN BRIEF – EUROPE

* The spate of full-year results announcements from the listed UK water groups were followed by those of the major privately-held companies.

While Anglian’s operating profit was up by 12.6% at £404.8 million on turnover of £919 million, Southern’s operating profit rose by 13.7% to £244.6 million on turnover of £575.8 million. Thames, meanwhile, had a difficult year, and although revenues were up slightly at $1.431 billion, pre-tax profits slumped by 22% to £270 ...

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