United Utilities released its H1 18/19 results for the fiscal year ending next March. Revenues reached £916.4m (+4.6%), reported operating profit £339.1m (-0.8%), underlying operating profit £367.8m (+6.9%), underlying net profit £196.9m (+22.9%) and net reported £212.5m (+7.6%). At 30 September 2018, RCV gearing stood at 60%, in line with last year’s (61%) and within the guided 55-65% range, and the RCV stood at £11.5bn (£11.2bn last year). Net
