United Utilities have released their FY17/18 results (closing March). Revenues reached £1,735.8m (+1.9%), reported operating profit £636.4m (+5.1%), underlying operating profit £645.1m (+3.6%), underlying net profit £304.9m (-2.7%) and net reported £354.6m (-18.2%). The dividend proposed for FY17/18 will be 39.73p (+2.2%). At 31 March 2017, RCV gearing stood at 61% in line with last year and within the guided 55%-65% range, and the RCV stood at £11,2bn (&po
