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SevernTrent

뉴스

Reuters - 4 일 전

UK water utilities gain on RBC's upbeat view ahead of regulator's final determination

BUZZ-UK water utilities gain on RBC's upbeat view ahead of regulator's final determination ** Analysts at RBC Capital Markets expects Britain's water regulator to announce final decision that is positive for the sector's total expenditure, performance benchmarks and returns ** Ofwat will announce final determination for new 5-year regulatory cycle
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Reuters - 5 일 전

UK water firms must cut customer bills by $206 mln for environmental failings

UPDATE 3-UK water firms must cut customer bills by $206 mln for environmental failings Companies unlikely to meet 2020-25 targets Thames Water to lose 57 mln pounds Ofwat CEO blames company culture Adds water industry body in paragraphs 11-12 By Sarah Young LONDON, Oct 8 (Reuters) - Britain's regulator ordered water companies to return a total of 157.6 million pounds ($206 million) to customers after missed environmental targets, the latest penalties slapped on an industry at the centre of a sca
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Reuters - 5 일 전

Ofwat Says Poor Performance Costs Water Sector £157.6 Mln This Year

BRIEF-Ofwat Says Poor Performance Costs Water Sector £157.6 Mln This Year Oct 8 (Reuters) - OFWAT: WATER SERVICES AUTH - WATER COMPANY PERFORMANCE REPORT - £157.6M PENALTY OFWAT: POOR PERFORMANCE COSTS WATER SECTOR £157.6M THIS YEAR OFWAT: CUSTOMERS' BILLS WILL BE REDUCED TO REFLECT THESE PERFORMANCE PENALTIES IN 2025-26 OFWAT: INCREASE IN POLLU
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Reuters - 5 일 전

UK water companies told to repay customers $206m due to environmental failings

CORRECTED-UPDATE 2-UK water companies told to repay customers $206m due to environmental failings Corrects paragraph 8 to show that United Utilities and Severn Trent are not facing penalties Companies unlikely to meet 2020-25 targets Thames Water to lose 57 mln Ofwat CEO blames company culture By Sarah Young LONDON, Oct 8 (Reuters) - Britain's regulator ordered water companies to return a total of 157.6 million pounds ($206 million) to customers after missed environmental targets, the latest pen
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Reuters - 5 일 전

Britain's water regulator says water companies miss targets

Britain's water regulator says water companies miss targets LONDON, Oct 8 (Reuters) - Britain's water regulator said missing targets would cost seventeen water companies 157.6 million pounds ($206 million)this year, the latest blow to an industry which is under pressure to clean up its act over rising sewage pollution. ($1 = 0.7641 pounds) Reportin
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Reuters - 2 주 전

Top of the Street: UK real estate, European utilities, Covestro, SEB

BUZZ-Top of the Street: UK real estate, European utilities, Covestro, SEB A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank raises three UK real estate companies to "buy" from "hold" citing cautious optimism as Britain moves into a rate cutting cycle ** It upgrades LondonMetric Property LMPL.L as its "roll up & recycle" model continues to plough on, and ups British Land BLND.L and Landsec LAND.L on improving office and retail fundamentals **
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Reuters - 2 주 전

DB resumes coverage of European utilities with neutral sector view

BUZZ-DB resumes coverage of European utilities with neutral sector view ** Deutsche Bank says a recovery in European utility stocks has narrowed their 15% underperformance vs wider market to just 2%, leaving the broker neutral on the sector ** "The rally and modest earnings upgrades means that the sector is again closer to its long-run norm: P/E pa
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Reuters - 3 주 전

British water companies fight $2 billion lawsuits over sewage pollution

British water companies fight $2 billion lawsuits over sewage pollution By Sam Tobin LONDON, Sept 23 (Reuters) - Six British water companies under-reported sewage discharges and overcharged millions of customers up to 1.5 billion pounds ($2 billion) as a result, lawyers bringing a landmark lawsuit told a London tribunal on Monday. The utilities companies, including Britain's largest water provider Thames Water , are accused of misleading industry regulator Ofwat about the number of pollution inc
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Reuters - 2 달 전

UK's Thames Water says regulator's proposed cuts untenable

UPDATE 2-UK's Thames Water says regulator's proposed cuts untenable Adds Water UK's comment in paragraph 9 and 10, Thames Water's comment in paragraph 11 Aug 28 (Reuters) - Britain's largest water provider Thames Water said on Wednesday that the expenditure cuts proposed by the water regulator were not tenable and would deter investment, as the utility struggles with debt and risks being nationalised.
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Reuters - 2 달 전

UK water investments under threat from regulatory demands, trade body says

UK water investments under threat from regulatory demands, trade body says Aug 28 (Reuters) - British water companies' lobby on Wednesday warned that the industry watchdog's recent proposals to meet environmental targets within the allowed increase in customer bills could deter investments in the sector. The lobby group, Water UK, added that the standards laid out by Ofwat, which regulates water companies in England and Wales, will be impossible to meet with the proposed expenditure cuts.
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Reuters - 2 달 전

UK government proposes higher compensation for water company failures

UK government proposes higher compensation for water company failures LONDON, Aug 12 (Reuters) - British water companies that fail their customers will have to hand over higher compensation to affected households and businesses under plans announced by the government on Monday. Under the proposals, compensation would be doubled where water companies failed to meet key standards to which customers were legally entitled, such as failing to provide notice of supply interruptions and missing arrange
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Reuters - 2 달 전

London's FTSE 100 falls after U.S. recession fears spark global rout

REFILE-UPDATE 1-London's FTSE 100 falls after U.S. recession fears spark global rout Refiling to restore dropped number "100" in headline FTSE 100 down 2.0% , FTSE 250 off 2.8% Utilities sector leads losses John Wood Group plummets after Sidara walks away from buyout By Purvi Agarwal, Roshan Abraham Aug 5 (Reuters) - The UK's main stock indexes kicked off the week on a downbeat note, led by losses in utilities as fears of U.S.
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Reuters - 2 달 전

Barclays cuts UK water utilities on negative sector outlook; shares fall

BUZZ-Barclays cuts UK water utilities on negative sector outlook; shares fall ** Shares of UK water companies Pennon PNN.L , United Utilities UU.L and Severn Trent SVT.L all open lower between 4%-5% ** FTSE 100 .FTSE down 2.13% while FTSE midcap .FTMC down 2.57% ** Pennon down 5.2% at 598p, United Utilities down 4.9% at 1,007 and Severn Trent down 4.2% at 2,542p ** Barclays says it is no longer so positive on the sector following Ofwat's Draft Determinations and annual performance reports of the
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Reuters - 3 달 전

UK water companies fail to get basics right, environmental regulator says

UPDATE 1-UK water companies fail to get basics right, environmental regulator says Five out of nine rated as 'requiring improvement' 47 serious pollution incidents in 2023, up by three Tougher regulation on the way Adds Water UK comments in paragraphs 6, 7, 12 By Sarah Young LONDON, July 23 (Reuters) - Britain's Environment Agency on Tuesday lambasted the country's water companies for spewing sewage into rivers and seas, saying the majority of them were failing to get the basics right, as it out
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Reuters - 3 달 전

UK water companies fail to get basics right, environmental regulator says

UK water companies fail to get basics right, environmental regulator says LONDON, July 23 (Reuters) - Britain's Environment Agency lambasted the country's water companies for spewing sewage into rivers and seas, saying the majority of them were failing to get the basics right, as it outlined plans for a tougher regulatory approach. Years of under-investment by privately-run, profit-seeking water companies in the UK has coincided with heavier rainfall from climate change and a growing population
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Reuters - 3 달 전

UK Stocks-Factors to watch on July 23

UPDATE 1-UK Stocks-Factors to watch on July 23 Adds new items, updates futures July 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0 .4%. * COMPASS: British catering group Compass CPG.L raised its 2024 profit and revenue forecasts for the second time this year despite easing prices, after new businesses helped it beat third-quarter revenue expectations.
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Reuters - 3 달 전

UK water firm Severn Trent targets to halve spills rate by 2030

UK water firm Severn Trent targets to halve spills rate by 2030 July 23 (Reuters) - British water company Severn Trent SVT.L said on Tuesday it was confident it would halve its spills rate by 2030, at a time when the water industry is under close scrutiny over wastewater pollution and pipe leakages. ($1 = 0.7742 pounds) Reporting by Aby Jose Koilpa
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Reuters - 3 달 전

Severn Trent Expects To Halve Spills Rate By 2030

BRIEF-Severn Trent Expects To Halve Spills Rate By 2030 July 23 (Reuters) - Severn Trent PLC SVT.L : SEVERN TRENT PLC - ST PLC CONFIRMS FIFTH YEAR OF 4-STAR EPA STATUS SEVERN TRENT PLC - ST PLC CONFIRMS FIFTH YEAR OF 4-STAR EPA STATUS SEVERN TRENT PLC - EXPECTS TO HALVE SPILLS RATE BY 2030 Source text for Eikon: ID:nRSW4355Xa Further company covera
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Reuters - 3 달 전

UK Stocks-Factors to watch on July 23

UK Stocks-Factors to watch on July 23 July 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.2%. * BP: British oil and gas producer BP BP.L , Venezuela's state oil company PDVSA and Trinidad and Tobago's National Gas Company are speeding negotiations for a Venezuelan license to develop natural gas deposits in the Caribbean Sea, four people familiar with the matter said.
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Reuters - 3 달 전

British Business - July 17

PRESS DIGEST-British Business - July 17 July 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The FTSE 250 precision instruments company Spectris SXS.L has struck a deal to buy U.S.-based Micromeritics for an upfront 485 million pounds($629.14 million)in its latest bolt-on acquisition.
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