232 articles about "American Water"
The GWI Americas Index beat the market in style this month, rising above 200 for the first time. Meanwhile, Brexit fears could dampen UK prospects going into earnings season.
Global Water Resources, Inc., which owns regulated water utilities in Arizona, raised $8.4 million via a Nasdaq listing at the end of April.
While wet weather helped to restore investors’ faith in Sabesp’s survivability, the return of Ranhill to the stock market was clouded by the Malaysian government corruption scandal.
Everyone is trying to do more with less in the North American outsourced water services market. How will the sector shake out in a post-Flint world?
- Veolia reported strong profit growth (+25.5%) on weak sales growth (+1.4%) for the year ending 31 December 2015 (see table above). The water part of the business performed less well overall, with revenues down 1.7%, largely because of...
- Suez was less upbeat, posting a small decline in net profit after minority interests. Nevertheless, its European water business put in a robust performance, driven by growth in its non-concession services business and...
- Of the Americans, both the major investor-owned utilities (American Water and Aqua America) put in solid performances, with American enjoying an extra fillip as a result of joining the S&P500...
- Hyflux posted a 39% increase in revenue, boosted by its work on the Qurayyat desalination project in Oman and its containerised plant for Yanbu in Saudi Arabia. Going forward, the company said that it is continuing to explore...
A mixed full-year results season was somewhat overshadowed by the US presidential race this month. Hyflux, meanwhile, was up to its old tricks.
The GWI Asian Water Index fell to its lowest point since August 2014 as Chinese economic woes continued to bite. US investor-owned utilities, meanwhile, had a stellar month.
- Consolidated Water has acquired 51% of Aerex Industries – an OEM serving the water and wastewater treatment markets – for $7.7 million, and has an option to buy the remaining 49% after three years. Aerex generated $19 million in revenues in 2015.
The largest water businesses ranked by estimated revenue in 2015. Figures are rounded to the nearest $100 million. Readers are invited to correct any errors and omissions.
Undaunted by the colourful history of the water and sewer operating contract in the City of Camden, NJ, American Water negotiated its way to a new $125 million deal in December. It is a major affirmation that the firm’s municipal contract ops strategy is alive and well.