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Connecticut Water First-Quarter Profit Climbs 14% as Sales Rise

May 8 (Bloomberg) -- Connecticut Water Service Inc., New England’s largest publicly traded water company, reported first-quarter profit climbed about 14 percent on higher revenue.

Net income increased to $3 million from $2.6 million in the year-earlier period as sales grew 2.4 percent to $22 million, the Clinton, Connecticut-based utility said today in a statement. The utility supplies drinking water to about 400,000 people throughout Connecticut and Maine.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

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

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