United Utilities in line for strong full-year


first_img Show Comments ▼ United Utilities, the largest listed water utility, said trading in the second half had been slightly ahead of its expectations, putting it on track for a “solid” performance for the year.The company said regulated revenue had continued the positive trend from the first half, but would be slightly lower in the second, reflecting seasonal changes.“The full year position represents a healthy financial performance in light of the impact of the price review,” said United Utilities, which was asked by industry regulator Ofwat to cut prices.Analysts expect the company to report a full-year pretax profit of £302m, on revenue of £1.6bn.Last month, Northumbrian Water and Pennon had also said trading in the second-half had been in line with estimates, despite the severe winter in Britain.United Utilities said the harsh winter had led to higher leaks, but added additional costs associated with the weather were not significant. John Dunne Thursday 24 March 2011 4:54 am Share whatsappcenter_img United Utilities in line for strong full-year by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com whatsapp Tags: NULLlast_img

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