Back to basics boosts Thames Water results

June 2009
Utility Week;6/26/2009, p30
Trade Publication
The article focuses on the impact of the back to basics approach by the Thames Water management team on the company's performance. The approach, adopted following the Macquarie-led private equity takeover in 2006, boosted operating profit by 11% to £605.3 million and 4.8% increase in revenue to £1,558 million. According to David Owens, chief executive of Thames Water, the approach led to improved operational and financial performance.


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