United Utilities – results

United Utilities’ pre-tax profits were flat at £459m during the year to the end of March, partly as a result of a tough regulatory regime in electricity and water distribution. The company, which includes North West Water, electricity supplier Norweb Distribution and Norweb Telecom, saw its sales rise 3% to £2.36bn. It is planning a […]

United Utilities’ pre-tax profits were flat at £459m during the year to the end of March, partly as a result of a tough regulatory regime in electricity and water distribution. The company, which includes North West Water, electricity supplier Norweb Distribution and Norweb Telecom, saw its sales rise 3% to £2.36bn. It is planning a cost cutting programme over the next five years to boost profits and meet regulatory targets.

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