16.05.2024 08:56:10 - dpa-AFX: United Utilities FY Profit Down

WARRINGTON (dpa-AFX) - United Utilities Group PLC (UU.L), a provider of
water and wastewater services, reported a profit after tax of 126.9 million
pounds or 18.6 pence per share in fiscal year ended 31 March 2024, down from
204.9 million pounds or 30.0 pence per share in the previous year.

Underlying earnings per share was 33.3 pence, compared to a loss of 1.3 pence in
the prior year.

Annual profit before tax declined to 170.0 million pounds from 256.3 million
pounds in the previous year.

But revenues for the year grew to 1.95 billion pounds from 1.80 billion pounds
last year.

Revenue is expected to increase by around 10 per cent in 2024/25, with around 3
per cent due to inflation offset by k factor, and 7 per cent due to timing.

The Board has proposed a final dividend of 33.19 pence per ordinary share in
respect of the year ended 31 March 2024. This is an increase of 9.4 per cent
compared with the dividend last year. The final dividend is expected to be paid
on 1 August 2024 to shareholders on the register at the close of business on 21
June 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

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

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH