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Severn Trent PLC (SVT.L)

SVT.L on London Stock Exchange

2,366.00GBp
30 Mar 2017
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-10.00 (-0.42%)
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Latest Key Developments (Source: Significant Developments)

Severn Trent continues to perform in line with expectations
Tuesday, 31 Jan 2017 02:38am EST 

Severn Trent Plc : Now expects net customer Outcome Delivery Incentive (Odi) rewards for full-year 2016/17 to be ahead of previous guidance of 15 million stg . Now expects to at least meet or exceed level achieved last year (23.2 million stg, pre-tax at 12/13 prices) .No material change to other technical guidance for full year and Severn Trent confirms that it continues to perform in line with expectations.  Full Article

Dee Valley gives update on Severn Trent deal court meeting
Wednesday, 11 Jan 2017 02:00am EST 

Dee Valley Group : Court direction re Severn Trent scheme meeting . Dee valley group - it has come to attention that a series of c.445 recent transfers of small holdings in voting ordinary shares have taken place .Board considers it appropriate for Court to determine whether votes subject to transfers should count at court meeting.  Full Article

UK's Ofwat awards 18.8 mln stg to Severn Trent on performance
Thursday, 15 Dec 2016 02:25am EST 

UK's Ofwat : publishes final ODI determinations . Severn Trent water beat commitments on category 3 pollution incidents by 32 pct, internal sewer flooding by 21 pct . Severn Trent water beat its commitments on external sewer flooding by 7 pct and leakage by 2 pct . Severn Trent Plc performance results in a performance reward worth 18.8 mln stg. . South West Water will incur a 1.7 mln stg penalty for missing targets, mostly connected with significant wastewater pollution incidents Further company coverage: [SVT.L] [UU.L] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Severn Trent says will be supportive long term owner of Dee Valley
Friday, 25 Nov 2016 08:11am EST 

Severn Trent Plc : response to Ancala offer document for Dee Valley . Notes that board of Dee Valley intends to work with Severn Trent in implementing as soon as possible terms of revised scheme .Will be a supportive long term owner of Dee Valley as local water business for its area.  Full Article

UK's CMA looks into Severn Trent-Dee Valley deal
Thursday, 17 Nov 2016 07:00am EST 

UK's Competition and Markets Authority (CMA):Considering if acquisition by Severn Trent of Dee Valley is likely to prejudice Ofwat's ability to make comparisons between water enterprises.  Full Article

Severn Trent sees trading performance consistent with its expectations
Wednesday, 20 Jul 2016 02:00am EDT 

Severn Trent Plc : Trading update for period 1 April to 19 July 2016 . Making good progress with its plans to deliver targeted efficiency savings in second year of AMP6 (1) regulatory period .Considers that group will deliver trading performance consistent with its expectations and prior guidance.  Full Article

Severn Trent FY underlying pretax profit 523 mln stg, down 3.2 pct
Tuesday, 24 May 2016 02:27am EDT 

Severn Trent Plc : Fy group turnover of £1,787 million, down 0.8% year-on-year due to regulated price decrease . Group underlying pbit of £523 million, down 3.2% . Final dividend of 48.40p, in line with dividend policy, taking 2015/16 dividend to 80.66p . Now forecasting £670 million of totex efficiencies across amp6. Equates to £260 million outperformance . Fy revenue from continuing operations fell 0.8 percent to 1.787 billion stg .Final dividend 48.4 penceper share.  Full Article

Severn Trent Plc declares interim ordinary dividend
Thursday, 26 Nov 2015 02:00am EST 

Severn Trent Plc:Declares interim ordinary dividend of 32.26p per share (2014/15: 33.96p per share), which will be paid on Jan. 8, 2016 to shareholders on register at Dec. 4, 2015.  Full Article

Severn Trent Plc announces dividend
Wednesday, 15 Jul 2015 02:00am EDT 

Severn Trent Plc:Says that the dividend is set to be 80.66p for FY 2015 / FY 2016.  Full Article

Severn Trent Plc completes sale of Water Purification business
Friday, 3 Jul 2015 04:00am EDT 

Severn Trent Plc:Says it completed the sale of its Water Purification business to Industrie De Nora on July 2 2015.  Full Article

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BRIEF-Severn Trent continues to perform in line with expectations

* Now expects net customer Outcome Delivery Incentive (Odi) rewards for full-year 2016/17 to be ahead of previous guidance of 15 million stg