Modern Water reports full-year results for 2010

Modern Water, an owner of water technologies focused on addressing the scarcity of fresh water, the treatment of wastewater and monitoring of water quality, has announced its full-year results for the 12 months ended 31 December 2010.

Within the past 12 months, the company installed its first evaporative cooling system and the performance of desalination plant in Oman was recognised at government and industry level.

The company’s financial position remains strong, with £19.3m cash and no debt.

Post year-end, the acquisition of Cogent Environmental has bolstered what Modern Water can offer.