Severn Trent performing in line with expectations

Writer, Stock Market Wire
Wednesday, February 6, 2019 - 07:07

Water utility Severn Trent said it still expected to post a full-year performance in line with its expectations and prior guidance.

In a trading update for the period from 1 October to 6 February, the company said their had been no material changes to its performance since it presented half-year results in November.

Severn Trent said it was on track to deliver our biggest capital spend in a decade.

'Our re-investment programme from part of the £870m Totex efficiencies we have delivered in AMP6 is continuing at pace, putting us in a strong position for AMP7,'the company said.


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