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Severn Trent Remains Confident Of Delivering FY Results In Line With View
BIRMINGHAM (dpa-AFX) - Severn Trent Plc (SVT.L) issued trading update for the period from October 1, 2020 to February 4, 2021, and said it continues to deliver strong operational performance and resilient financial results.
In Water, the company noted that it remains on track for its best ever performance on a number of measures including the Compliance Risk Index and water quality complaints. In Waste, the company has started the AMP strongly with 25% fewer blockages and a 15% reduction in pollutions in the calendar year.
Severn Trent remains on or ahead of target for almost 80% of its customer performance measures, thus it has increased its guidance for outperformance on Customer ODIs this year from at least £25 million to at least £50 million .
4 February 2021 | 07:30am
StockMarketWire.com - Severn Trent has said it is on track to deliver its full-year results in line with expectations and has increased its guidance for outperformance on customer ODIs to £50 million.
In its trading update covering October 1, 2020 to February 4, 2021, the company said its Water business is set for its best ever performance on a number of measures including the Compliance Risk Index and water quality complaints.
In Waste, Severn Trent started strongly with 25% fewer blockages and a 15% reduction in pollutions in the calendar year.
Its biodiversity programme is on track to deliver over 2,200ha of enhanced natural environment.
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