United Utilities reported a solid set of first half results. Key highlights Revenue up 2.7%, at £876m Underlying operating profit up 10%, at £344m Underlying net profit up 5.7% at £160.1m RCV gearing in line at 61% Interim dividend up 2.2%, at 13.24p Management confirmed the ODI’s outcome guidance for the current regulatory period of between a £30m reward and a £50m penalty.
22 Nov 2017
Solid H1 17/18 results ahead of 2020-25 price review
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Solid H1 17/18 results ahead of 2020-25 price review
United Utilities Group PLC (UU:LON) | 1,029 -169.8 (-1.6%) | Mkt Cap: 7,018m
- Published:
22 Nov 2017 -
Author:
Edouard Enault -
Pages:
2
United Utilities reported a solid set of first half results. Key highlights Revenue up 2.7%, at £876m Underlying operating profit up 10%, at £344m Underlying net profit up 5.7% at £160.1m RCV gearing in line at 61% Interim dividend up 2.2%, at 13.24p Management confirmed the ODI’s outcome guidance for the current regulatory period of between a £30m reward and a £50m penalty.