United Utilities Share Discussion Threads

[pojscott] 08/1/2025 14:04

Maybe, still a good div.

[paulstills] 08/1/2025 13:03

Down 5%. Worth buying now?

[dudishes] 07/1/2025 09:39

Close to +100pts win at 1025, penny dropping?

[dudishes] 13/12/2024 08:37

CFO awarded 17 shares bonus. Not me Guv!

The truth will out at some point.

[dudishes] 05/12/2024 10:13

Guess they have to fight their corner, £50M+ at risk!

[grabster] 04/12/2024 09:24

UU continue to evade scrutiny of their sewage dumping data. And they get away with it.

[peterbill] 02/12/2024 17:24

In the Times today ... Water utilities’ debt crisis fuelled by Moody’s views, says Ofwat (behind paywall)

[dudishes] 25/11/2024 20:46

Needs for the penny to drop, post divi?

[dudishes] 25/11/2024 10:40

Thks W, losing but short remains.

Lakes?

[waldron] 20/11/2024 17:52

FY25 OUTLOOK AND GUIDANCE



ODI rewards

We are forecasting to achieve a net customer ODI reward for 2024/25 at least in line with FY24.



Revenue

Revenue is expected to increase by c.10%, driven by the inflationary mechanism and the impact of prior period adjustments in respect of consumption.



Underlying operating costs

Operating costs including IRE are expected to increase by more than inflation due to business rates, regulatory charges and IRE.



Depreciation

With continued growth in our asset base and accelerated investments ahead of AMP8, depreciation is expected to increase by £30 million to £40 million.



Underlying net finance expense

Underlying net finance expense is expected to be broadly unchanged year on year. As at 31 March 2024, we had £4.7 billion of index-linked debt exposure, giving rise to a £47 million swing in our annual interest charge for every 1 per cent change in inflation.



Underlying tax

Our current tax charge is expected to be nil in 2024/25, reflecting expected benefits in relation to 'full expensing' and the 50 per cent first year allowances on longer life assets.



Capital expenditure

Capex in 2024/25 is expected to be in the range of £950 million to £1.1 billion. In addition to our AMP7 base programme, this reflects capital expenditure for the year in relation to additional investment and AMP8 accelerated capital programmes.

[waldron] 20/11/2024 17:49

Written by:
Ian Lyall
Edited by:
Philip Whiterow
proactive

United Utilities Group PLC
(LSE:UU.)



Published: 14:39 20 Nov 2024 GMT

United Utilities Group PLC - United Utilities: Leading investment bank upgrades stock to 'buy' - here's why

Deutsche Bank has upgraded United Utilities Group PLC (LSE:UU.) to 'buy' from 'hold', raising its price target from 1,130p to 1,200p.

The move marks the bank's first positive recommendation in the water utility space in 18 months.

James Brand, Deutsche Bank's analyst, highlighted the resilience of well-performing companies such as UU amidst challenging regulatory reviews.

“Good performing companies should be able to earn at least reasonably attractive returns, or they should appeal to the CMA,” Brand noted.

UU is recognised for its strong operational performance and trades at a modest premium to its regulated asset base (RAB).

The company's management expressed confidence during recent results, leading Deutsche Bank to revise its medium-term estimates for incentive rewards upward.

In afternoon trading, the stock was up 11p at 1,107.5p.

[waldron] 20/11/2024 17:44

invirotech online

United Utilities has been fined for a water quality offence, after it was found guilty of polluting the River Tame.

Earlier this week, Tameside Magistrates' Court heard how the company contaminated the waterway near Mossley with bleach, which resulted in the hundreds of fish dying.

It pleaded guilty to the offence and was charged £24,000 after residents reported a large number of deaths in the river to the Environment Agency in June 2009.

The group led an investigation into the drop in water quality and found that there was an overflow of sodium hypochlorite (bleach) at United Utilities' site in the area.

David Orr, environment officer for the agency, said the Environment Agency works hard to improve water quality in rivers across the UK.

"United Utilities use sodium hypochlorite on site as part of the treatment process and is fully aware of the risk of harm if it discharges into drains and watercourses," he said.

This breach of green regulations comes despite the water firm's commitment to "protect and enhance the environment" that it operates in.

[waldron] 20/11/2024 17:37

United Utilities Group PLC

1,115.29 GBX +18.79 (1.71%)

Nov 20, 16:39 GMT

Mkt cap
7.61B

P/E ratio
67.34

Div yield
4.53%

CDP score
A-

52-wk high
1,139.50

52-wk low
950.40

[waldron] 20/11/2024 17:33

SHORT Term MID Term Long Term

Resistance 1 106,00 1 106,00 1 108,00

Support 1 022,50 958,80 982,60

if resistance cannot be broken through convincingly then one might expect a trend down after ex divi day

take care

[waldron] 20/11/2024 17:25

United Utilities Group PLC

20 November 2024

United Utilities Group PLC

GENERAL TEXT AMENDMENT



The following qualification in relation to 'Half year Results' announcement released on 14 November 2024 at 07:00 under RNS No 1711M is as follows:



Confirmation of Interim Dividend Date



The Company confirms that the interim dividend is expected to be paid on 13 January 2025 to shareholders on the register at the close of business on 29 November 2024. The ex-dividend date for the interim dividend is 28 November 2024. The election date for the Dividend Reinvestment Plan is 18 December 2024.

[dudishes] 19/11/2024 09:13

Lets see if they have the guts £51m fine, about right?

[peterbill] 17/11/2024 17:11

The Observer: United Utilities, one of the UK’s biggest water companies, is fighting a legal battle to block public access to data on treated sewage it is discharging into Windermere in the Lake District.

[dudishes] 17/11/2024 09:48

Following the eventual fine, fair value maybe 800ish.

[dudishes] 15/11/2024 03:10

Nice results, but how much of the £103.1M will be taken away?

I would suggest a fair figure of £51M.

A star in 2023 mentioned but not 2024, she seemed to forgot that bit?

Awful memory these people?

[laurence llewelyn binliner] 14/11/2024 11:35

Strong results, very nice too, and 17.28 pence income to boot.. :o)

[pander45] 14/11/2024 10:29

Ouch. Big rise today.

[dudishes] 07/11/2024 08:27

Yes, awaiting prosecutions.