Agbar reports boost in profits
- From: Vol 9, Issue 3 (March 2008)
- Category: General
- Region: Europe
- Country:
- Related Companies: Aguas de Barcelona, Criteria Caixa and Suez
Aguas de Barcelona’s profits rose 6% in 2007. Analysts’ demands for a clear strategy statement could be satisfied following changes at the board level.
The Agbar group’s after-tax profits rose 6% in 2007 to €147 million on revenues of €2.86 billion (up 10.9%), the company reported on 15 February. The profit figure excludes €217 million accruing to the company from the sale of its certification subsidiary Applus in July.
Agbar’s operating profit for water-related activities was up 5.9% to ...
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