Aguas Andinas sees profits grow 6.5% in Q1

- Monday, April 25, 2011

Aguas Andinas sees profits grow 6.5% in Q1

Chilean capital Santiago's main water utility Aguas Andinas saw its net income grow 6.5% year-over-year to 37.5bn pesos (US$79.4mn) in Q1.

Operating profit grew 10.6% year-on-year to 98.4bn pesos, Aguas Andinas said in a report to local securities and insurance regulator SVS.

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Aguas Andinas, Chile's largest water utility, is controlled by Aguas de Barcelona (Agbar), owned by French group Suez Environnement.

For the company's full results, in Spanish, go to this link