United Utilities Group (UU.)

Sector:

Utilities

Index:

FTSE 100

1,006.00p
   
  • Change Today:
      8.40p
  • 52 Week High: 1,125.00
  • 52 Week Low: 900.80
  • Currency: UK Pounds
  • Shares Issued: 681.89m
  • Volume: 141,107
  • Market Cap: £6,860m
  • RiskGrade: 118

United Utilities interim profits hit by financing charges

By Frank Prenesti

Date: Wednesday 23 Nov 2016

LONDON (ShareCast) - (ShareCast News) - Underlying interim pre-tax profits at United Utilities fell £16m to £189m, as a £4m increase in underlying operating profit was more than offset by a £19m increase in underlying net finance expense.
United said the increase in underlying net finance expense was mainly due to the impact of higher RPI inflation on its index-linked debt. Reported pre-tax profit fell £57m to £158m.

Revenue was down £4m, as expected, at £853m, reflecting the accounting impact of United's Water Plus joint venture with Severn Trent, which completed on 1 June 2016.

Underlying earnings per share fell to 22p from 23.9p. Basic EPS rose to 29.7p from 25.2p.

"Overall, we are encouraged by our progress in the early part of this regulatory period. We have a robust financial position and are confident that we can deliver our targets for both customers and shareholders," the company said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

United Utilities Market Data

Currency UK Pounds
Share Price 1,006.00p
Change Today 8.40p
% Change 0.84 %
52 Week High 1,125.00
52 Week Low 900.80
Volume 141,107
Shares Issued 681.89m
Market Cap £6,860m
RiskGrade 118

United Utilities Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.84% below the market average66.84% below the market average66.84% below the market average66.84% below the market average66.84% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
28.15% below the market average28.15% below the market average28.15% below the market average28.15% below the market average28.15% below the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Income
8.93% above the market average8.93% above the market average8.93% above the market average8.93% above the market average8.93% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
84.27% below the market average84.27% below the market average84.27% below the market average84.27% below the market average84.27% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 8
Sell 1
Strong Sell 0
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

United Utilities Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Jun-24 21-Dec-23
Paid 01-Aug-24 01-Feb-24
Amount 33.19p 16.59p

Trades for 12-Jun-2024

Time Volume / Share Price
12:21 3 @ 1,007.00p
12:20 34 @ 1,005.50p
12:20 291 @ 1,006.00p
12:18 0 @ 1,006.00p
12:15 212 @ 1,006.00p

United Utilities Key Personnel

Chair David Higgins
CFO Phil Aspin
CEO Louise Beardmore

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