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MVV Investor > On our company > Business Segments > Water
 


High-Quality Tap Water means Greater Quality of Life

Drinking water is a staple resource. For customers in Germany, the reliability and quality of the supply are of utmost importance. Customers of the MVV Energie Group can rely on a supply of drinking water of superb quality and available at all times in sufficient quantities.


Turnover in the water segment decreased in the financial year 2008/09 by 3 % to 52.9 million m3 in the year under report. The water business is heavily dependent on private and business customers, who account for around 83% of our water turnover. The decline was chiefly the result of lower water turnover in Kiel. The steady reduction in volumes also felt at other water supply companies in Germany is a reflection of more sparing consumption, for example due to increasing use of water-efficient household appliances.

Water sales fell by 1 % to Euro 101 million, mainly on account of lower volumes. Adjusted EBIT nevertheless rose by Euro 4 million to Euro 14 million. Alongside cost savings, this improvement was due above all to lower maintenance costs.


 

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last changes 02/16/2010
 
 
 
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06/21/2010
MVV Energie acquires wind farm in North-East Germany
05/14/2010
MVV Energie remains on course
03/12/2010
MVV Energie dividend stable at Euro 0.90