Share Name Share Symbol Market Type Share ISIN Share Description
Severn Trent Plc LSE:SVT London Ordinary Share GB00B1FH8J72 ORD 97 17/19P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 2,408.00 2,408.00 2,411.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 1,843.5 310.7 66.7 36.1 5,722

Severn Trent Share Discussion Threads

Showing 851 to 875 of 925 messages
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i cant see liv sweating the assets of a sewage and water company. she is just too glam for that.
careful It looks to me like Liv is sweating the assets, and it is working. As long as they can maintain service levels and deliver the plan no problem. Once the fat is gone then they will have to run faster to stay still. No room for hiccups.
pe about 20. results ok but everything in this market is so expensive.
Not Ramping Red.Reply is on the UU thread !
GC Are you ramping INFI? red
Can any SVT Shareholder explain invested for a 4% Dividend,when they can get 9% plus by investing in Infinis Energy (INFI)
It’s a downgrade for Severn Trent #SVT Podcast>
Filter JeffCranbounre
Severn Trent Tesco is featured in today's ADVFN podcast. To listen click here> In today's podcast: - Simon Wajcenberg from K1T Capital markets says, according to his quant models, the markets are going to crash. Simon on Twitter is @k1tCapital - The micro and macro news - Plus the broker forecasts   Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below. Ten Bagger Tuesday (All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below: Suggest a stock (Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). You can subscribe to this podcast in iTunes by clicking HERE To follow me on Twitter click HERE As a listener to the ADVFN podcast you can take advantage of some exclusive first year discounts on popular subscriptions: Bronze - £50 (normally £73.82/year) Silver - £145 (normally £173.71/year) Level 2 - £350 (normally £472.94/year) Call 0207 0700 961 and ask for the ADVFN Podcast discount to take advantage of these reduced rates or just CLICK HERE for more information. Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing. Justin    
28 January 2015 Severn Trent Plc - acceptance of final determination for Severn Trent Water and new dividend policy Severn Trent Plc today announces that Severn Trent Water has accepted the Final Determination for the period 2015-2020 published by Ofwat on 12 December 2014. This means that our customers will continue to have the lowest combined average bills in the land until at least 2020. Severn Trent Water bills will fall in real terms over the next five years, by which time they will be around £60 below the industry average. Next year average bills will fall to £329, from £333. We are proud that Severn Trent customers have already had six consecutive years of the lowest average combined bills and best value in Britain. We are also making provision to help four times as many customers who struggle to pay their bill over the next five years. We are committed to our largest five year investment programme ever, totaling £6.2 billion* in real terms, the majority of which will help to support the economy in the Midlands. This includes a capital investment programme of £3.3 billion* to improve service and quality for customers, which will help grow our RCV1 (Regulatory Capital Value) to c. £10 billion by 2020. Although c. £30 million of investment on improving water quality was not included in the Final Determination, we have nevertheless decided to keep it in our plan. We will fund this additional investment using savings achieved by operating our business more efficiently. We are also committed to significantly improving customer service performance through our suite of ODIs (Outcome Delivery Incentives). These include fixing 100% of visible leaks within 24 hours and reducing interruptions to supply by more than 50%. The next five years will also see a greater focus on reducing flooding, employing innovative solutions to improve river quality such as catchment management and a wide ranging community educational programme to promote water conservation and reduce sewer blockages. We will also undertake one of our largest ever capital investment projects to improve the resilience of water supplies to our one million customers in Birmingham. The price review has been a challenging process and the Final Determination contains stretching objectives and requires significant improvements in operating efficiencies. However, the Board believes it can meet the required operational and capital expenditure levels whilst delivering on its performance commitments. This belief is based on the process improvements made over the current regulatory period and plans already in place to deliver the efficiencies contained in the business plan for 2015-2020. In order to deliver our plan and reflecting the lower cost of capital allowed by Ofwat, Severn Trent has reviewed its financing plan and dividend policy. Going forward, the Company intends to manage its existing debt portfolio and future debt issuance to increase the proportion of debt which is at floating rates. In addition, the Board has decided to move towards a net debt/RCV gearing ratio of around 62.5% which is in line with Ofwat's notional assumption. As part of this move Severn Trent will commence a £100 million share buy back programme. Severn Trent is also announcing today its dividend policy for the period 2015-2020. The Board has decided to set the 2015/16 dividend at 80.66p, a reduction of 5% compared to the current year total dividend of 84.90p. Our policy will then be to grow the dividend annually at no less than RPI until March 2020. This replaces the current dividend policy of RPI+3% which runs until March 2015. The Board believes that this financing plan and new dividend policy are commensurate with a sustainable investment grade credit rating. * 2012/13 prices 1. Nominal, assumes year end 2.0% RPI for 14/15 and an average of 3.3% year end RPI for 2015-2020 Liv Garfield, Chief Executive Severn Trent Plc, said: "At Severn Trent we always seek to strike the right balance between the service customers receive, the bills they pay, and returns to investors and we believe our plan for the next five years achieves that balance, delivering better services, better value and a healthier environment. The price review has been a challenging process but has led to a great outcome for customers. We were pleased that our business plan achieved a high approval rating of 88% from customers. We know there is more we need to do to improve our processes and raise our standards, and I'm looking forward to working with the great people in Severn Trent and building on improvements made over the current regulatory period, as we continue to deliver for our customers and communities, shareholders and the environment."
Half Yearly Report Highlights ● Good first six months: financial results in line with expectations ● Capital investment on track to deliver AMP5 target of £2.6 billion; RCV1 still expected to be £7.8 billion at April 2015 ● Good performance for customers: ○ Lowest average combined bills in the land for 2014/15 ○ Committed to launching new and enhanced social tariff scheme in April 2015 ● Improving performance on many operational metrics - encouraging for new incentive regime starting April 2015 ○ Leakage and sewer flooding reduced in first six months of this year ○ More to do in other areas ● Constructive dialogue continues with Ofwat ahead of final determination on 12 December ● Progressing well with plans to deliver the efficiencies required in AMP6 ● Investing early: £15 million of AMP6 capex brought forward to second half of this year
Have taken a short position. Good company and nice dividend, but just hoping to play the range as can't get above 2000p and always struggles towards the end of the year x
Severn Trent announced this morning they are merging their water and sewerage operations and shedding 500 management jobs
Very big rise today. WHY??
freddie ferret
Final Results Highlights ● In-line or below inflation bill increases for last four years - Severn Trent remains lowest average combined bill in England and Wales ● Increased investment - £602 million capital expenditure (+8% year on year) - continues to improve services for the benefit of customers ● Customer service, sewer flooding and supply interruptions all improving ○ Improved or stable performance on 10 out of 14 Ofwat KPIs year on year ○ Customer satisfaction (SIM score) improved for 3rd consecutive year ● Continued growth in RCV1,2 from £7,364 million to £7,618 million (+3.4%) ● Group underlying PBIT rose 4.3% year on year ○ Severn Trent Water underlying PBIT rose 4.0% ● Delivering on dividend policy - 6.0% growth year on year to 80.40 pence ● Constructive engagement with Ofwat on 2015-2020 business plan. Revised plan submission 27 June, draft determination expected 29 August, final determination expected 12 December
23 May 2014 Severn Trent PLC SVT Goldman Sachs Buy 1,927.00 1,941.00 - 2,122.00
Very healthy rises lately - any rumours of a bid here?
Severn Trent Plc Interim Management Statement for the period 1 October 2013 to 13 February 2014 The Board of Severn Trent Plc confirms that the group's trading performance overall remains in line with its expectations and prior guidance. Regulated business Consumption across our measured income base is expected to be slightly higher year on year, given current volumes. Our forecasted bad debt level is maintained at around 2.2% of turnover for the full year, and we continue to monitor developments such as unemployment levels and changes to the UK benefits system closely. Operating expenditure continues to be in line with the Board's expectations for the year and, on a like for like basis, in line with the level of the Final Determination. Operating costs are expected to rise year on year due to the impact of inflation and power costs, partially offset by efficiency improvements. We currently anticipate no material financial impact from the present floods. Net capital expenditure (UK GAAP after deducting grants and contributions) is expected to be towards the low end of the GBP600 million to GBP620 million range, including an estimated GBP15 million related to private drains and sewers. The level of net infrastructure renewals expenditure included in this range is anticipated to be GBP135 million to GBP145 million. On 2 December 2013 Severn Trent Water submitted its business plan for 2015-2020 to Ofwat. On 19 December 2013, Ofwat published a revised price review process and timetable. Ofwat subsequently published guidance on risk and reward on 27 January 2014. We await further announcements from Ofwat on plan ratings, starting on March 10 2014. Non-regulated business Operating Services continues to perform well year on year, but in Products shipments have been below expectations in the last two months due to continuing customer project and delivery delays. Therefore for the full year Severn Trent Services underlying PBIT is now expected to be lower year on year. Group The group interest charge is expected to be higher year on year due to higher net debt and with the adoption of revisions to IAS19 increasing the pension accounting interest charge. The year on year impact of this revision to IAS19 is estimated at GBP13m. The effective current tax rate for the group for 2013/14 is expected to be between 21% and 23%. Under our dividend policy of RPI+3% growth the dividend for 2013/14 is set to be 80.40 pence, representing growth of 6% year on year. Severn Trent Plc will announce its Preliminary results for the financial year ending 31 March 2014 on 29 May 2014.
The gain follows the proposal from the industry regulator, Ofwat, that the weighed average cost of capital be towards the upper end of its pre-qualification guidance. Ofwat proposed a WACC across the industry of 3.85%. Although this is lower than the 5.1% previously allowed, it is more than many had expected given political pressure to restrict utility company profits.
they need to encourage the water companies to invest. creates good jobs, grows the economy, improves infrastructure. the settlement fears ate always overblown.
Nice continued upward movement. Yesterday, Severn Trent up 1.5%. The gain follows the proposal from the industry regulator, Ofwat, that the weighed average cost of capital be towards the upper end of its pre-qualification guidance. Ofwat proposed a WACC across the industry of 3.85%. Although this is lower than the 5.1% previously allowed, it is more than many had expected given political pressure to restrict utility company profits. What do you think, MIATA?
gor quite close to 1600 chart support but hard to be sure it has bottomed !
JPM We believe that Ofwat's decision to alter the price review timetable and announce the key financial parameters on January 27th is likely to herald a lower allowed WACC than the companies requested in their business plans. We have reduced our vanilla WACC assumptions for the next regulatory review period from 4.2% to 3.9%. We also see M&A this year as unlikely given the degree of regulatory risk, with Ofwat's final determinations not due until December 2014. We reduce our SVT price target by 8.6% to 1,535p; downgrade our recommendation to Underweight and add it to the European Analyst Focus list (AFL) replacing Snam. Ofwat to publish key financial parameters on 27th January. On 19th December 2013, the UK water regulator (Ofwat) announced that it had changed the price review timetable. It will now publish its views on key financial metrics such as the cost of capital and retail margins on 27 January 2014. Ofwat's rationale for the change was that "companies' views on risk and reward...are not in alignment with market evidence". Reducing our wholesale WACC assumption to 3.9%. Ofwat's Chief Regulation Officer, Sonia Brown, stated in a presentation on 13 November 2013 that the "cost of capital will fall...there is a real opportunity for this number to start with a 3." We therefore lower our wholesale vanilla WACC assumption from 4.2% to 3.9%, this compares to 5.1% in the current regulatory period. We see M&A as unlikely until the regulatory review completes. In our view, given the uncertainty over allowed returns, M&A is unlikely until Ofwat publishes its final determination in December 2014. We have therefore excluded any M&A premia from our price targets for all three quoted water companies. Update estimates for lower inflation and deferred price increases. We have updated our earnings forecasts to take account of: lower UK inflation and the deferral of allowed price increases in 2014/15 by Pennon and United Utilities. UU will take this deferral as an exceptional item, so the EPS impact is minimal. In Pennon's case we have reduced our March 15e EPS by 10%. Reduce SVT price target by 8.6% to 1,535p and downgrade to Underweight. We reduce our SVT price target from 1,680p to 1,535p, which is 10% downside from the current share price and downgrade our recommendation to Underweight. We retain our Overweight recommendation for PNN and our Neutral recommendation for UU, although we have reduced our price targets for both companies by 6.0% and 1.7% respectively to 700p and 735p.
takeover time???
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