Suez swings to loss, sales fall less than expected
French utility Suezswung into a 538 million euro (487.2 million pounds) net loss in the first half of 2020 as the COVID-19 pandemic cut water consumption and halted refuse collections, though sales fell by less than expected.It said it expected sales to continue on a downward trend, falling between 2% to 4% in the second half of the year.Suez, which posted a net profit of 212 million euros in the first half of 2019, was hit by lower water consumption during coronavirus lockdowns enforced by gove
Read more »