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United Utilities Group PLC (UU.L)

UU.L on London Stock Exchange

781.60GBp
16 Aug 2019
Change (% chg)

-7.60 (-0.96%)
Prev Close
789.20
Open
783.60
Day's High
797.60
Day's Low
780.00
Volume
2,416,114
Avg. Vol
2,273,188
52-wk High
879.60
52-wk Low
674.30

Latest Key Developments (Source: Significant Developments)

United Utilities Says COO Steve Fraser To Leave
Monday, 29 Jul 2019 

July 29 (Reuters) - United Utilities Group PLC ::UNITED UTILITIES GRP - DIRECTORATE CHANGE.UNITED UTILITIES GROUP PLC - STEVE FRASER, CHIEF OPERATING OFFICER, WOULD BE LEAVING BUSINESS.UNITED UTILITIES GROUP PLC - DEPARTURE DATE OF CHIEF OPERATING OFFICER.UNITED UTILITIES GROUP PLC - FRASER'S LAST DAY OF EMPLOYMENT WILL BE 31 AUGUST 2019..  Full Article

Ofwat Proposes Additional 6 Mln Stg Daily Investment By Water Cos
Thursday, 18 Jul 2019 

July 18 (Reuters) - UK's Ofwat::BILL REDUCTION AND INCREASED INVESTMENT.UNVEILS PROGRAMME OF HUGE INVESTMENT, SERVICE IMPROVEMENTS AND LOWER BILLS FOR WATER CUSTOMERS.PROPOSALS INVOLVE WATER COMPANIES INVESTING AN ADDITIONAL £6 MILLION EACH AND EVERY DAY OVER NEXT FIVE YEARS - OVER AND ABOVE NORMAL INVESTMENTS.PROPOSALS TO IMPROVE ENVIRONMENT AND SERVICES FOR CUSTOMERS, AT SAME TIME AS CUTTING BILLS BY £50.SEVERN TRENT, SOUTH WEST WATER AND UNITED UTILITIES, HAVE ALREADY BEEN FAST-TRACKED THROUGH THIS STAGE OF PRICE REVIEW.  Full Article

United Utilities Says Ofwat Awards Co's Business Plan Fast Track Status
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - United Utilities Group PLC ::UNITED UTILITIES ACHIEVES FAST TRACK STATUS.OFWAT PUBLISHED ITS INITIAL ASSESSMENT OF BUSINESS PLANS FOR 2020-25 PERIOD; CO'S PLAN AWARDED FAST TRACK STATUS.  Full Article

Water regulator Ofwat gives initial assessment of water co's business plans for 2020-25
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - WATER SERVICES REGULATION AUTHORITY::WATER REGULATOR OFWAT HAS GIVEN ITS INITIAL ASSESSMENT OF WATER COMPANIES' BUSINESS PLANS FOR 2020-25.SEVERN TRENT, SOUTH WEST WATER, UNITED UTILITIES DELIVERED PLANS THAT HAVE ALREADY BEEN GREEN LIGHTED BY OFWAT.ACROSS BOARD, WATER COMPANIES ARE PROPOSING SIGNIFICANT IMPROVEMENTS FOR CUSTOMERS IN PERIOD 2020-25.AFFINITY WATER,HAFREN DYFRDWY,THAMES WATER ,SOUTHERN WATER HAVE MOST WORK TO DO TO MEET OFWAT'S CHALLENGES.  Full Article

John McAdam To Retire As Rentokil And United Utilities Chair - Sky News
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - :JOHN MCADAM TO RETIRE AS RENTOKIL AND UNITED UTILITIES CHAIR - SKY NEWS.  Full Article

United Utilities H1 Underlying Pretax Profit 240 Mln Stg
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - United Utilities Group PLC ::H1 UNDERLYING PRETAX PROFIT 240 MILLION STG.REMAIN ON TRACK TO DELIVER A CUMULATIVE AMP6 ODI REWARD.INTERIM DIVIDEND IN LINE WITH AMP6 GROWTH POLICY.HY UNDERLYING OPERATING PROFIT OF £367.8M (REPORTED OPERATING PROFIT OF £339.1M).HY REVENUE WAS UP £40 MILLION, AT £916 MILLION.HY UNDERLYING OPERATING PROFIT WAS UP £24 MILLION, AT £368 MILLION.TOTAL NET REGULATORY CAPITAL INVESTMENT IN FIRST HALF OF YEAR WAS £393 MILLION INCLUDING IRE AND ADDITIONAL CAPEX.BOARD HAS PROPOSED AN INTERIM DIVIDEND OF 13.76 PENCE PER ORDINARY SHARE, AN INCREASE OF 3.9 PER CENT.HY UNDERLYING PROFIT BEFORE TAX WAS UP £46 MILLION, AT £240 MILLION.  Full Article

United Utilities Signs AI Framework Agreement With Canada's Emagin
Monday, 29 Oct 2018 

Oct 29 (Reuters) - United Utilities Group PLC ::SIGNED FRAMEWORK AGREEMENT WITH CANADA'S EMAGIN TO ROLL OUT AI ACROSS ITS ENTIRE WATER NETWORK IN NORTH WEST OF ENGLAND.NOW PLANS TO DEPLOY ARTIFICIAL INTELLIGENCE PLATFORM IN PHASES ACROSS WHOLE NORTH WEST REGION BY END OF 2019.  Full Article

United Utilities Sees Higher First-Half Profit, Revenue
Friday, 28 Sep 2018 

Sept 28 (Reuters) - United Utilities Group PLC ::TRADING STATEMENT.CURRENT TRADING IS IN LINE WITH GROUP'S EXPECTATIONS FOR SIX MONTHS ENDING 30 SEPTEMBER 2018..GROUP REVENUE IS EXPECTED TO BE HIGHER THAN FIRST HALF OF LAST YEAR, REFLECTING OUR ALLOWED REGULATORY REVENUE CHANGES.EXPECT UNDERLYING NET FINANCE EXPENSE FOR FIRST HALF OF 2018/19 TO BE AROUND £30 MILLION LOWER THAN FOR FIRST HALF LAST YEAR.WE EXPECT A SMALL INCREASE IN GROUP NET DEBT AT 30 SEPTEMBER 2018 COMPARED WITH POSITION AS AT 31 MARCH 2018.EXPECT TO INVEST ADDITIONAL £80 MILLION IN FINANCIAL YEAR.ANTICIPATE OPERATING COSTS ASSOCIATED WITH EXCEPTIONAL DRY WEATHER PERIOD TO BE AN ADJUSTED ITEM FOR HY.UNDERLYING OPERATING PROFIT FOR FIRST HALF OF 2018/19 IS EXPECTED TO BE HIGHER THAN FIRST HALF OF 2017/18.  Full Article

United Utilities To Cut Avg. Bills By 10.5 Pct In Real Terms For 2020-2025
Monday, 3 Sep 2018 

Sept 3 (Reuters) - United Utilities Group PLC ::PLANS 10.5% REDUCTION IN REAL TERMS IN AVERAGE BILLS BETWEEN 2020 AND 2025.REDUCTION OF OVER £1BN IN EXPENDITURE COMPARED WITH AMP5 BETWEEN 2020 AND 2025.ADOPTING AN RPI-STRIPPED APPOINTEE COST OF CAPITAL OF 2.4% CONSISTENT WITH OFWAT'S EARLY VIEW BETWEEN 2020 AND 2025.  Full Article

UT Group to retire treasury shares
Monday, 23 Jul 2018 

July 23(Reuters) - UT Group Co Ltd <2146.T>:Says it will retire 293,333 shares (0.7 percent of outstanding) of its common stock on July 31.Says the total shares outstanding 40.4 million shares after the retirement.  Full Article