United Utilities Group PLC Trading Update
19 Luglio 2024 - 12:34PM
RNS Regulatory News
RNS Number : 0271X
United Utilities Group PLC
19 July 2024
19 July 2024
United Utilities Group
PLC
Trading
Update
United Utilities continues to
deliver strong operating performance, resulting in no material
changes to 2024/25 financial guidance.
Strong environmental performance: We are highly confident we will be awarded four-star status in
the Environment Agency's annual Environmental Performance
Assessment (EPA) for 2023, with confirmation expected shortly.
Based on performance in the first half of the year, we are also on
track to achieve four-star status in the 2024 EPA.
AMP8 capital delivery: In
addition to the two strategic optimisation partnerships announced
in May, we have entered into agreements with seven leading
engineering and infrastructure businesses, as well as eighteen
detailed design and build organisations. This positions us well,
with strong partnerships underpinning the deliverability of our
AMP8 investment programme.
Financial performance in line with expectations:
There has been no material change to financial
guidance since our results announcement in May. We remain on track
to deliver a net customer ODI reward for 2024/25 at least inline
with 2023/24 - our highest customer ODI reward to date.
PR24 Draft Determination: Ofwat
published a draft determination for United Utilities Water on
11th July. We will provide a market update in early
September, after submitting our response to Ofwat on 28 August
2024. We look forward to continued constructive dialogue as we
approach the Final Determination in December 2024.
Contacts
Investors and Analysts
|
|
Chris Laybutt, Investor Relations
and Clean Energy Strategy Director
|
+44 7769 556 858
|
Jennifer Platt, Investor Relations
Manager
|
+44 7733 064 907
|
Media
|
|
Gaynor Kenyon, Corporate Affairs
Director
|
+44 7753 622 282
|
Graeme Wilson, Teneo
Communications
|
+44 207 260 2700
|
LEI 2138002IEYQAOC88ZJ59
Classification - Trading
update
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