THE PROFITABILITY OF WATER COMPANIES DURING TEN YEARS Cover Image

THE PROFITABILITY OF WATER COMPANIES DURING TEN YEARS
THE PROFITABILITY OF WATER COMPANIES DURING TEN YEARS

Author(s): Felicetta Iovino
Subject(s): Economy, Energy and Environmental Studies
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Public services;Water;Profitability;Performance;Ratio;
Summary/Abstract: Water companies play a strategic role in the economy of each country and determine the sustainability of the related resources involved. It is therefore interesting to analyze the profitability of water companies, operating in particular during the sales phase, during a ten years period. The aim of this paper is to analyze the profitability of the aforementioned companies, to check how they have affected by the effects of the reforms of public services. To this end, data from the AIDA database relating to Italian companies in the sector were used. The profitability of these companies has been analyzed using the main profitability, ROA and ROE ratios. An analysis of the trends of these indices was carried out for the period 2008-2017 and an ANOVA oneway. In this way, it has been verified whether the reforms of public services have affected the profitability of water companies in Italy.