WATER STOCKS REVIEW - Sub-par Sanepar bucks Brazilian trend
- From: Vol 9, Issue 1 (January 2008)
- Category: General
- Region: Americas
- Country: Brazil
- Related Companies: Copanor, Copasa, Dominó Holdings, Sabesp, Sanedo and Veolia
Sabesp and Copasa had an encouraging year in 2007, though tariff freezes at Sanepar meant the stock failed to match the performance of its peers.
Latin America’s largest water company, Sabesp, was once again the star performer amongst the three quoted Brazilian water stocks in 2007, and although the company’s shares gained nearly 39% last year, its stellar 74.1% rise in 2006 was always going to be a hard act to follow. A 4.1% tariff rise in September 2007 came on ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
