Tuesday, July 31, 2007

Suez First-Half Sales Rise 5.8 Percent on Higher Power Production, Prices

(Bloomberg) -- Suez SA, the French energy and water
group, reported an 8.5 percent increase in second-quarter sales
as higher electricity prices and output offset lower demand for
natural gas caused by above-average temperatures.

Sales climbed to 11.5 billion euros ($15.8 billion) from
10.6 billion euros a year earlier, Bloomberg calculated from
half-year figures published today by the Paris-based company.
Sales rose 5.8 percent to 23.7 billion euros in the first half.


Read more at Bloomberg Energy News

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