Affinity Water publishes annual results for 2023/24 – profits up and losses down
Affinity Water is reporting an increase of overall operating profit of £7.5 million to £22.1 million, a 51.4% compared to £14.6 million in 2023, alongside a loss before tax for 2023/24 of £49.0 million, a £63.7 million decrease on a loss of £112.7 million in 2023, according its annual results for the year ended 31 March 2024.
Severn Trent PLC reports sector-leading operational and environmental performance
Severn Trent PLC is reporting sector-leading operational and environmental performance with the publication of its Annual Results for the year ending 31 March 2024 , saying that long-term investment is continuing to deliver its industry-leading performance.
Pennon Group plc ups dividend payment 3.8% to £127 million and reports £166.3m underlying operating profit
Pennon Group plc has upped its dividend payment to shareholders by 3.8% to £127 million and reported a £166.3 million underlying operating profit( up 8.6% from £153.1 million in 2022/23) in its full year results for 2023/24.
Pennon Group raises dividend – despite fall from profit of £127.7m in 2021/22 to pretax loss of £8.5m in 2022/23
Pennon Group, owner of South West Water, Bournemouth Water and Bristol Water, has raised its final dividend in line with its dividend policy– despite falling from a profit of £127.7 million in 2021/22 to a pretax loss of £8.5 million in 2022/23 in “an extraordinary year” which has tested its operational resilience.
United Utilities reports underlying annual pretax loss and reduction in pre-tax profits
United Utilities has reported an underlying pre-tax loss of £34.3 million pounds for the year to the end of March compared with a profit of £301.9 million during the previous twelve months, according to the company’s final results for 2022/23 published this morning.
Anglian Water annual results 2021-22 – biggest ever single year of capital expenditure
Anglian Water has announced its biggest ever single year of capital expenditure with the investment £577.7 million in the second year of AMP7 with the publication of its annual results for the full year to 31 March 2022.
SES Water reports strong conclusion to a very encouraging AMP6
SES Water has published its annual review of operating and financial performance results, reporting a strong conclusion to a “very encouraging” AMP6 investment programme.
SES Water - “long-term approach is the key to sustained success”
Sutton & East Surrey Water has said that a long-term approach is the key to sustained success with the publication this week of its Annual Report for 2018/19.
Wessex Water Chairman warns renationalisation will not lead to great savings or radical improvements
Wessex Water Chairman Dr Francis Yeoh CBE has warned that renationalising the water industry will not lead to great savings or radical improvements to quality or service.
News Showcase
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Owen Mace takes over as Director of BPF Plastic Pipes Group
Owen Mace has taken over as Director of the British Plastics Federation (BPF) Plastic Pipes Group on the retirement of Caroline Ayres. He was previously Standards and Technical Manager for the group. -
Ledbury engineering firm strengthens senior team as demand for water process systems grows
PureTec Separations, the Ledbury-based water treatment engineering firm, has appointed Dan Norman as its new Sales Manager – Water Process Systems, supporting the company’s continued growth in the UK and international markets. -
BactoCloud platform for bNovate’s BactoSense instruments brings new understanding of water quality
bNovate has launched BactoCloud, a secure cloud-based platform that connects and manages its BactoSense instruments, enabling real-time monitoring and optimization of microbial water quality. -
Amiblu appoints Martyn Turton as Sales Director UK & Ireland to accelerate GRP pipe systems adoption in UK
Amiblu, a global leader in Glass Reinforced Plastic (GRP) pipe systems for wastewater, stormwater, drinking water, irrigation, hydropower, and industrial applications, has announced the appointment of Martyn Turton as its Sales Director for the UK & Ireland, driving strategic market development in the infrastructure and water sectors, effective immediately.
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Scottish Water completes £235m investment in two-way connection between drinking water networks
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. -
United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
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