In Brief - Europe
- From: Vol 9, Issue 5 (May 2008)
- Category: Brief
- Region: Europe
- Country:
- Related Companies: Acea, Agbar, Costain, Enia, Hydro International, MWH, Southern Water, Thames Water and United Utilities
* Agbar’s net profits fell 17.3% in the first quarter of 2008 to €37.9 million, despite a 9.7% rise in operating income to €753.9 million and a 23.8% increase in profits from operations to €112.6 million.
The company blamed the fall in net profits on the absence of extraordinary income compared to last year, although the €45.8 million net profit figure for the first quarter of 2007 was almost exactly in line with the €45.6 million number reported in the same quarter of 2006.
* Italy’s multi-utility merger is still on the cards, and ...
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