logo
Plus   Neg
Share
Email

Severn Trent Still Expects FY Trading Performance In-line With Previous View

Severn Trent Plc. (SVT.L) said it continues to expect the Group will deliver full-year trading performance in-line with previous guidance. There has been no material change to current year business performance since the trading update announced on 28 January 2020.

The company said it remains on track to deliver at least 25 million pounds of net customer ODI outperformance payments for 2019/20, as previously guided.

The company now expects net financing costs to be broadly flat in comparison to last year, despite the increase in overall net debt.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Facebook said Tuesday that it has helped 4.4 million people register to vote for the upcoming U.S. presidential election on November 3, exceeding the tech giant's goal of helping 4 million voters to register. In June, Facebook said it created a new Voting Information Center to provide users with authoritative information, including how and when to vote. Facebook has launched cloud-streamed games in the Facebook app and on browser, which are playable instantly, with no downloads required. These cloud-streamed games can be played right alongside those playing instant games in HTML5. The access to cloud games on Facebook will roll out in the US, initially across California, Texas and Northeast and Mid-Atlantic states. Microsoft Corp. has joined with Adobe Inc. and enterprise AI software provider C3.ai to launch a new tool that would help customers to accurately forecast revenue and product demand, among other things. The C3 AI CRM powered by Microsoft Dynamics 365 would provide an integrated suite of industry-specific AI-enabled CRM solutions including marketing, sales, and customer service.
Follow RTT