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United Utilities Trading Statement

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United Utilities Trading Statement


Postby idpickering » March 28th, 2017, 4:46 pm

"Current trading is in line with the group's expectations for the year ending 31 March 2017.

Accelerated investment delivering results

Further improvements in operational performance and customer satisfaction are being delivered through continued acceleration of investment in our assets across this five-year regulatory period. Regulatory capital investment in 2016/17, including infrastructure renewals expenditure (IRE), is expected to be around £800 million this year and in line with our plan.

Service delivery across our wastewater business has again been very good throughout the year, particularly in the areas of private sewers and pollution incidents. Underlying performance across our water system has also improved year-on-year, reflecting our significant investment and focus in this area, despite experiencing a small number of bursts which affect our water service outcome delivery incentives (ODIs). As a result of our good overall performance, we now expect to deliver a small net reward from our ODIs this year."

Full item here; ... 00086645A/

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