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Mueller Water raises growth outlook after strong Q2

Mueller Water shares closed up 11.2% earlier this week on the back of a better than expected set of second-quarter results, which showed net sales up 16.8% to $233.2 million, and operating income up 34.7% to $31.8 million.

At the same time, management felt sufficiently confident to raise the full-year net sales growth outlook to 7-9%, up significantly from the previous...

Spending cuts to impact Argentina’s $22bn water plan

Argentina’s financial crisis and the government’s recently announced $1.3 billion cut in infrastructure spending will have a limited impact on the $22 billion national water and wastewater plan, according to official sources.

“We haven’t received details of where the cuts will fall, but projects which do not yet have an assigned budget will...

How to get UK water consumption to below 50 l/p/d

A new report produced for Ofwat has concluded that it is possible to reduce average per capita consumption (PCC) in the UK to 50-70 litres per day by 2065, “without a reduction in the level of utility of quality of water use”.

The document’s author, Artesia Consulting, wisely acknowledges that the most aggressive “deep reduction” scenario...

Spanish water revenues rise as results pick up pace

FCC Aqualia today reported a 5.8% rise in revenue to €244.9 million in the first quarter of 2018. The additional sales were generated by its Czech SmVaK water distribution business, by the El Alamein desalination plant which is under construction in Egypt, and by new wastewater O&M contracts in Burgos, Madrid and La Rioja, Spain.

Meanwhile, Aqualia’s...

ImagineH2O to reward smart urban water management

Water innovation accelerator ImagineH2O has launched its 2018 Urban Water Scarcity Challenge by inviting eligible start-ups to apply for up to $1 million of cash awards and investment by 2nd July.

The theme is resilient drinking water solutions for fast-growing cities, and entrants with scaleable solutions in three key areas will be eligible to apply.


Rockland County, NY studies wastewater consolidation

The consolidation theme in the US water sector received fresh momentum this week with the release of a request for proposals seeking consultancy services in relation to the potential consolidation of municipal sewer service providers in Rockland County, NY.

Five publicly owned service providers representing wastewater treatment design capacity of 46.2MGD (175,000m3/d)...