Water Squeeze in Petrus Country Cuts Profits at France’s Suez

Water Squeeze in Petrus Country Cuts Profits at France’s Suez

Fabrice Dimier/Bloomberg

The incumbent Lyonnaise des Eaux, a unit of Suez Environnement, which reports half-year results tomorrow, will be forced to lower water treatment costs 30 percent and the typical annual household bill by 6 percent from 451 euros over the term of the contract, according to Bordeaux Urban Community.