14.02.2024 08:25:46 - dpa-AFX: United Utilities Backs Annual Outlook

WARRINGTON (dpa-AFX) - United Utilities Group PLC (UU.L), a provider of
water and wastewater services, Wednesday said it is reaffirming its full-year
financial outlook following the continued strong trading after interim results.

In November, the company had expected fiscal 2024 revenue to increase by about
150 million pounds.

In the latest independent Institute of Customer Service Index survey, United
Utilities was ranked as the number 1 Water and Sewerage Company, and the 5th
utility company out of 31. This independent survey benchmarks over 280
organisations across many brands and sectors, the company said in a statement.

However, United Utilities said its Outcome Delivery Incentive (ODI) performance
was impacted by the bad weather by about 25 million pounds. The company
currently sees Net ODI outperformance of around 40 million pounds for the full
year.

Full-year results are scheduled to be reported on May 16.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
UNITED UTILITIES GRP A0Q4EC Frankfurt 11,800 21.06.24 08:03:30 +0,100 +0,85% 0,000 0,000 11,800 11,800

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