Aqua Terrena International, the Swedish water group, has seen its pre-tax losses increase for the first nine months of the year, to 15.1m Swedish crowns (US$2.16m), compared to a pre-tax loss of 6.6 mln crowns for the same period of 2003.

Turnover was down to 5.0m crowns against 6.6m crowns last year.

Investments were down too. Aqua Terrena International invested a total of 1.7m crowns in the period, compared to 4m crowns in the period last year.