Higher revenues at United Utilities will be offset by impact of inflation
North West water and wastewater group United Utilities said it expects group revenues to be higher than last year, in a trading update today ahead of its annual results on May 26.
It says this largely reflects higher consumption from business customers. Overall, the net increase in revenue is expected to be around three per cent.
Underlying profits for 2021/22 will be broadly the same as last year.
The Warrington-based group said higher revenue are broadly offset by higher underlying operating costs, largely as a result of in... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
