Severn Trent plc has published its latest Trading Update for the period 1 October to 31 December 2015.
Guidance for the net reward from ODIs for this financial year is increased to £15million. Severn Trent has confirmed that it continues to perform in line with expectations and there has been no material change to the technical guidance for the full year.
Liv Garfield, Chief Executive, said:
“Our customers are at the heart of all we do and we continue to invest in operational improvements to build a better business for our customers, colleagues and shareholders. I am delighted to see all this hard work is translating into a net ODI benefit, at this stage, of £15million for the full year. Having locked in the savings set out in our Final Determination we are working hard to identify further efficiencies, while continuously improving our services, and will provide a further update with our results in May. There remains much to do, but this year is shaping up to be a great start to the current regulatory period.”
Severn Trent will announce its Preliminary Results for the period ending 31 March 2016 on 24 May.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.