‘They’re regulating themselves’: Water firm reportedly downgrades pollution incidents Water A water firm operating in the north-west of England may have wrongly downplayed numerous pollution incidents last year.
Who’s next? Industry debt mountain threatens more than Thames Water THAMES WATER Thames Water's troubles raise significant questions - such as who could be next and what happens now in the water industry.
Women now dominate boards of top three water firms, with five-out-of-six CEO and chair positions held Closing the gap Women now dominate the boards of water companies, with five out of six heads taking up the roles. The majority of chief executives and chairs for the three FTSE-Listed water firms, Severn Trent, Pennon and United Utilities, are now held by women. This comes after Louise Beardmore was promoted to chief executive at UU, succeeding [...]
United Utilities says inflationary pressures will offset higher revenues this year March 25, 2022 The UK’s largest water company, United Utilities, has said it expects its higher revenues, which expects to post as part of its financial results in May, will be offset by higher costs, linked to mounting inflationary pressures. The Warrington headquartered utility said current trading is in line with expectations for the financial year ending on [...]
Water supplier United Utilities results lift on higher consumption November 24, 2021 Water company United Utilities has seen its half year revenues lifted by a surge in consumption amid the return of business activity.
United Utilities profits dip as lockdowns hit water usage May 27, 2021 United Utilities saw its annual pre-tax profit dip by 21 per cent to £383m as it navigated its way through the pandemic. The company, one of the largest publicly traded water firms in the world, said that profits were hit by lower water consumption and higher infrastructure spending. The drop in profit was in line [...]
United Utilities pockets £88m for stake in Estonian water company February 3, 2021 United Utilities has agreed to a £88m cash deal to sell its 35.3 per cent stake in the largest water utility company in Estonia, Tallin Water. The utilities company will sell the stake to a consortium led by the Estonian city of Tallinn, which is an existing partner of United Utilities, alongside company Utilitas. Company [...]
United Utilities celebrates good first-half results November 26, 2014 REVENUE improved at United Utilities in the six months to 30 September, up to £859.4m from £845.7m in the same period of last year, while operating profit also improved, up to £340.5m from £338.3m. Steve Mogford, chief executive at United Utilities, said the firm was “pleased with the progress we have made over the last [...]
United Utilities slips as Ofwat grills price plan August 6, 2014 SHARES in United Utilities slumped yesterday, after regulator Ofwat said it had written to three water companies questioning their proposed spending plans. The FTSE 100-listed water and waste management firm slid over 1.5 per cent in early trading, after Ofwat raised concerns over its pricing forecasts for its wastewater business. Ofwat is currently assessing the [...]
United Utilities now seeking to splash out May 22, 2014 WATER company United Utilities yesterday said that it was still embroiled in talks with the regulator Ofwat over the next price cycle, as it unveiled a 10.8 per cent rise in full-year profits. The FTSE 100-listed firm said it was “well progressed” with its revised business plan and was on track to submit it to [...]