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SVT Severn Trent

Discussion in 'General Share Chat' started by Mongoose82, Jul 21, 2016.

  1. Mongoose82

    Mongoose82 A Legendary Member

    covered in beaufort's morning report:

    "Severn Trent’s performance for the period from 1st April 2016 to 19th July 2016 has been in line with its expectations and previous guidance. The company continued to focus on improving customer service and operational and financial performance. The company is progressing well to deliver targeted efficiency savings in the second year of the AMP6 regulatory period. The completion of the formation of JV (Water Plus) with United Utilities is a positive development. The JV would combine the complementary skills of both companies across sales, customer service, business strategy and credit management to deliver an attractive proposition for large and small business customers across England and Scotland. The company plans to invest for enhancing the customer experience. We are buoyed by Severn Trent’s progress and expect it to continue its growth momentum in the current year."


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