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Gelsenwasser AG Stock

Price
Target price
€580.00

€580.00

-4.130%
-25.0
-4.130%
-
 
22.08.24 / Frankfurt WKN: 776000 / Name: Gelsenwasser / Stock / Water Utilities / Mid Cap /
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Description Gelsenwasser

Gelsenwasser is a German public listed utility company that operates in the water, energy, and environmental sectors. The company is headquartered in Gelsenkirchen, Germany and was founded in 1997.

Gelsenwasser operates several regional water supply and wastewater treatment networks, covering a service area of over 180 municipalities in Germany. The company is responsible for the supply of around 2.8 million people with drinking water and the collection and treatment of wastewater from around 2 million people.

In the energy sector, Gelsenwasser generates electricity and heat through its subsidiaries, including Gelsenwasser Energienetze and Gelsenwasser AG Energievertrieb.

In the environmental sector, Gelsenwasser operates a subsidiary called Gelsenwasser Umwelt Resources, which is responsible for waste management and recycling.

As of 2021, Gelsenwasser has a market capitalization of around 2.5 billion euros and is listed on the Frankfurt and Dusseldorf stock exchanges.

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