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Portsmouth is competition bound as sales and cost cuts overcome headwinds
Portsmouth Water reported a near 75% gain in pre tax profits in 2015-16 fuelled by increases in bills and customer numbers along with a...
by Trevor Loveday
Jun 6, 20162 min read


Energy recovery fires up Pennon as water arm outperforms under cost pressures
Group revenue growth at Pennon was flat year-on-year at £1,352m for 2015-16 with profit before tax similarly unchanged at £211m. Earnings...
by Karma Loveday
May 30, 20161 min read


United Utilities bad debt is checked but profit shaved by higher costs
United Utilities unveiled a pre tax profit down nearly 9% on the previous year at £408m. Underlying operating profit was off by a similar...
by Trevor Loveday
May 29, 20161 min read


Analyst comment: tie ups hedge against "full-blown" competition as Severn Trent prelims sh
Incumbent water companies may hedge against the possibility of "full-blown wholesale competition" by forming "mutual non-encroachment...
by Trevor Loveday
May 24, 20162 min read
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