Dee Valley Group’s profits rise

Water supplier Dee Valley Group yesterday said its profits and revenues had increased in the year to the end of March. Dee Valley’s pre-tax profit came in at £5.1m, up from £4.1m in 2013, on revenues up almost £9m to £23.8m. The firm attributed some of the rise to a curtailment of their pension scheme. The dividend for the year remained unchanged at 62.5p.