Connecticut Water Reports 37% Profit Gain After Acquisitions

Connecticut Water Service Inc. (CTWS), the largest publicly traded water provider in the U.S. Northeast, reported first-quarter profit increased 37 percent to $2.6 million from a year earlier.

The Clinton, Connecticut-based company that supplies drinking water to about 400,000 people acquired Maine Water Co. and Biddeford & Saco Water Co. in 2012.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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