Financial Time (Free subscription) | 26/11/2008
The UK's largest listed water company echoed comments from smaller rival Severn Trent and warned that the state of the debt markets may restrict its ability to invest in ageing infrastructure
Financial Time (Free subscription) | 26/11/2008
Severn Trent shrugged off regulatory fines and concerns over the long-term financing of its investment programme with an improved dividend and higher turnover. Sir...
The Independent (Free subscription) | 26/11/2008
Our view: BuyShare price: 1,222p (+18p)It has not been the easiest of years for Severn Trent, the UK's second biggest water group. In July, it got clobbered with a £35.8m fine from the industry regulator, Ofwat, for telling the watchdog porkies at the start of the decade. The current chief executive, Tony Wray, says the issue is now closed and the company is focused on providing its customers with...
The Telegraph (Free subscription) | 25/11/2008
UK's second largest water utility reports an 7.8pc fall in pretax profits.
Reuters UK (Free subscription) | 25/11/2008
LONDON (Reuters) - Water utility Severn Trent appealed to the water regulator to help it cope with higher financing costs in the future, as it posted a rise in first-half underlying profit.
Reuters UK (Free subscription) | 25/11/2008
* Strong cash position, enough funding at least until 2010
Financial Time (Free subscription) | 25/11/2008
The water and sewerage company that supplies 3.7m customers increased its interim dividend as regulated underlying profits rose nearly 5%
Financial Time (Free subscription) | 24/11/2008
The UK's quoted water companies release their half-year results this week, led by announcements from Severn Trent on Tuesday and United Utilities on Wednesday, writes...
BBC News (Free subscription) | 21/11/2008
Thousands of people were left without drinking water because Severn Trent Water was under prepared for flooding, a report says.
BBC News (Free subscription) | 08/10/2008
Severn Trent Water takes action to combat the increase in metal thefts from its sites.
Express & Star (Free subscription) | 24/09/2008
Britain’s appalling summer put a real damper on the consumption of water – and left a £14 million hole in Severn Trent’s profits, it was revealed today. In an interim trading statement the West Midlands-based water giant said revenues were likely to fall by between £12 million and … [visit site to read more]
Scotsman.com (Free subscription) | 24/09/2008
WATER company Severn Trent yesterday said its interim results would be in line with its previous guidance and with its expectations for the full year.
Financial Time (Free subscription) | 23/09/2008
The summer's poor weather put a damper on the consumption of water, Severn Trent said on Tuesday. Revenue this year was likely to fall by £12m to £14m, or about 1 per cent
The Telegraph (Free subscription) | 23/09/2008
The company has said customer bills will need to rise "slightly above inflation".
Market Watch (Free subscription) | 23/09/2008
LONDON (MarketWatch) -- U.K. water utility Severn Trent said Tuesday that it expects to report a first-half performance that is "consistent with" its expectations for the year as a whole. The group said its objective remains to deliver 3% annual outperformance against the regulator's determination for operating costs, however it added there remains continued volatility in chemical and other commodity...
