Severn Trent accelerates river quality target as profits rise
23rd Nov 2021 08:06
(Sharecast News) - Water utility Severn Trent said it was accelerating plans to improve river quality as it reported a rise in half-year profits.
Read moreWater companies to share cost of bad debt with business customers
26th Jul 2021 16:20
(Sharecast News) - The water regulator will permit water suppliers to raise prices for businesses and other non-household customers from next year, in a bid to offset the costs of higher amounts of bad debt amid the Covid-19 pandemic.
Read moreSevern Trent maintains guidance after strong start to year
15th Jul 2021 07:34
(Sharecast News) - Water utility Severn Trent maintained full-year guidance and said it was "confident" of achieving at least £40m positive net outperformance on customer outcome deliver incentives after a good start to the current fiscal year.
Read moreSevern Trent raises £250m for green projects
19th May 2021 07:45
(Sharecast News) - Severn Trent is raising £250m in equity to fund six projects agreed with the regulator to improve water quality and the environment.
Read moreSevern Trent confident on annual results and dividend
4th Feb 2021 08:22
(Sharecast News) - Severn Trent said it was confident about achieving its guidance for annual results and would pay a final dividend according to its policy.
Read moreTuesday broker round-up
1st Dec 2020 13:38
(Sharecast News) - Diageo: Deutsche Bank upgrades to buy with a target price of 3,900p.
Read moreJP Morgan reiterates 'top pick' for United Utilities in UK water space
1st Dec 2020 11:40
(Sharecast News) - Analysts at JP Morgan stuck to United Utilities as their 'top pick' in the UK water space.
Read moreSevern Trent dividend edges up as bad debts rise
26th Nov 2020 07:41
(Sharecast News) - Severn Trent's nudged up its interim dividend as the water company reported reduced profit due to lower revenue and higher bad debts from the Covid-19 crisis.
Read moreRBC cuts United Utilities to 'sector perform' on valuation
23rd Nov 2020 13:03
(Sharecast News) - Royal Bank of Canada downgraded United Utilities to 'sector perform' after the water company's shares outperformed rival Severn Trent.
Read moreSector movers: Utilities and homebuilders pace gains
2nd Sep 2020 17:44
(Sharecast News) - Utilities paced gains in the middle of the week on the back of a sharp drop in yields on longer-term Gilts.
Read moreSevern Trent trading in line with expectations
15th Jul 2020 07:02
(Sharecast News) - Severn Trent said the first quarter was in line with its expectations and predicted annual performance would be in line with guidance.
Read moreFriday broker round-up
5th Jun 2020 13:47
(Sharecast News) - Burberry: Goldman Sachs downgrades to sell with a target price of 1,490p.
Read moreSevern Trent ups dividend despite Covid-19 impact
20th May 2020 09:01
(Sharecast News) - Severn Trent increased its final dividend despite Covid-19's impact on rising bad debts and joint venture losses at the water and waste company.
Read moreMonday broker round-up
4th May 2020 13:34
(Sharecast News) - Go-Ahead Group: Canaccord upgrades to buy with a target price of 1,650p.
Read moreThames Water poaches Severn Trent's Bentley for CEO role
22nd Apr 2020 08:38
(Sharecast News) - Thames Water confirmed it had had appointed Sarah Bentley as chief executive officer, starting this autumn.
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