Company
Severn Trent PLC
LON:SVT
Severn Trent Water is a member of the Severn Trent Group of companies. Severn Trent is an international utility services and environmental solutions company.
191 stories · page 1 of 2
Severn Trent results well received after revenue climbs
Severn Trent reported higher revenue but reduced profits as energy and chemical costs bit
UK water firms ask to hike bills by even more to fix network
Companies were ordered last week to return £114 million to customers
FIVE at FIVE: Arnault’s allegations; FTSE 100 level; Severn Trent’s £1bn; UK economic recovery; Future soars
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
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FTSE 100 Live: Stocks stabilize to close out September
The UK's premier index finished the quarter on level ground, gaining 6 points on the day to finish at 7,606
UK water companies ordered to pay back £114m to customers
Thames Water and Severn Trent were hit the hardest by Ofwat's review
Thames Water most ‘vulnerable’ UK utility, rating agency Fitch warns
Fitch warned Thames Water may struggle to secure finance over the coming years
Severn Trent first water utility to update after Thames chaos
Company is top of a "very poor league" according to Environment Agency
Thames Water not out of doldrums yet as sector debt concerns mount
High debt across the industry could cause issues as interest rates stay high, analysts say
Water company shares pumped higher as Ofwat announces new powers
Water companies rose on the news Ofwat would up its regulation on the sector, including by blocking dividends payments based on financial health
Severn Trent hikes interim dividend by 4.6% despite profits being hit by higher energy costs
Back in March, the company said it will spend about £100mln a year to reduce its use of storm overflows as part of various commitments it claims will help prevent harm to rivers
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FTSE 100 closes 1% higher as oil price rebound pushes stocks higher
Footsie finished nearly 76 points higher, or 1.03%, to stand at 7,453
UK beachgoers could be swimming in human waste as sewage monitor systems fail
This summer has seen beaches in places such as Devon and Cornwall have to close because water companies were pumping raw sewage into the sea
Water companies reassure as drought officially declared in parts of England
Businesses and public are urged to use water smartly in drought affected areas
Severn Trent downgraded by JPMorgan as regulator expected to dilute returns
The date to watch for all water companies is 7 July when the draft rules for the next regulatory period is published
Don't blame water companies for river pollution, says research conducted among water companies
Research was conducted by the fund manager amongst the UK’s water companies
Severn Trent sets aside £100mln a year to help clean up Britain's rivers
Incidents of sewage discharge have soared over the past six months
Five water companies facing action over sewage spills
Action is being taken against Thames Water, Anglian Water, Northumbrian Water, Wessex Water and Yorkshire Water
Tougher regulation for water companies needed as chemical cocktail polluting English rivers, MPs say
“For too long, the government, regulators and the water industry have allowed a Victorian sewerage system to buckle under increasing pressure," said MP Philip Dunne
Severn Trent brings forward plan to improve river quality as it reports results boost from rise in non-household consumption
Turnover rose by 8% to £958.2mln in the six months to 30 September 2021, while profit before interest and tax grew by 13.8% to £255.6mln
How are water companies coping in the wake of the pandemic and government sewage U-turn?
UU releases interim results on Wednesday, November 24, a day after rival Severn Trent
Utilities get share price boost from Deutsche Bank due to inflation
Upcoming results from the water and power sectors will help investors understand their inflation exposure, but analysts are confident
Severn Trent raises £250mln to fund green initiatives
On Monday, the water utility said it would invest £565mln to upgrade its infrastructure
Severn Trent, Pennon, United Utilities announce investments under government Green Recovery programme
Regulator Ofwat invited English water companies to submit environmentally-friendly proposals in July 2020
Severn Trent confirms dividend and steps up green initiatives
“We are in constructive dialogue with Ofwat and DEFRA on potential investment opportunities for Severn Trent as part of the Government's Green Recovery initiative"
Severn Trent expects to recover lost revenue within two years as interim profits drop
The coronavirus pandemic is dragging down non-household water consumption, which is partly offset by increased household usage
Severn Trent says no effects seen yet from coronavirus on bill collections
The water company said it has “made a fast start on delivering” its planned investment of £430-510mln this year
Severn Trent ups dividend despite expected rise in bad debt from coronavirus
The water company recorded a bad debt charge of £42.5mln for the past year and said it “expects to see an increase in bad debt from higher unemployment and stressed household finances” related to Covid-19
Severn Trent trading unaffected in coronavirus crisis but quiet on dividend plans
Severn Trent has forecast a dividend of 100.08p in total for the year to March, costing around £240mln.
Severn Trent upgraded and water sector gets price target hikes from JPMorgan
Recent weeks have put “significant regulatory and political risks behind us”, analysts said
Severn Trent, UU and Pennon dividends diluted by new Ofwat cap
As of next year, the allowed return on capital will be 2.96% for the whole business and 2.92% for wholesale controls without retail
Severn Trent profits fall ahead of expected £25mln in regulatory incentives
The FTSE 100 company said it expected to receive £25mln in incentives set by water regulator Ofwat
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FTSE 100 closes sharply lower as US jobs fail to inspire; RBS top laggard
"The [jobs] report will more than likely be brushed aside as Fed Chair Powell and US President Trump continue to clash horns in a power struggle," said Nick Kilbey, a sales trader at Foenix Partners
Severn Trent flows steady in first quarter as Ofwat update eyed
The FTSE 100 water and waste company said it had made a “good start” to its financial year
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FTSE 100 closes in the red as China, US trade worries come back on the agenda
In Europe, the German DAX is around 90 points lower at 12,341, while the French CAC 40 is down around 42
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UK inflation data macro focus for Wednesday, trading updates headline company news
The latest price inflation data, if it once again hits the Bank of England's 2% like last month, could cause some concerns at Threadneedle Street
London-listed water firms could be at risk of losing their dividend perk
A new package of regulations from Ofwat will force water companies to maintain ringfenced cash balances, even if it means cutting investor pay outs
Investments and investor services
FTSE 100 closes lower on day but up slightly on week as trade tensions still weigh
The UK's index of leading company shares closed Friday down nearly 23 points at 7,345
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FTSE 100 closes near flat as global markets appear uninspired
Footsie closed up nearly a point at 7,368, while mid-cap cousin FTSE 250 shed over 77 points at 19,172
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Tesco’s first quarter set to face tough comparisons
Tesco, DS Smith and PZ Cussons are the standout names in Thursday's diary.
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Johnson Matthey's final results provide a step up in class for Thursday's corporate diary
The Day Ahead will also bring updates from two FTSE 250-listed firms, transport operator FirstGroup and water utility Pennon, plus numbers from newspapers group Daily Mail