United Utilities Share Discussion Threads

[wad collector] 25/11/2020 09:03

Half yr report out , does not look anything unexpected at a glance.

I am bemused by the focus on branding. Might be relevant if people shopped around for their water supplier , but can't see much choice on my bill! At least they are not about to spend £10M on a rebranding exercise. I hope.

C'mon guys , keep pumping that water and pump the share price up to a tenner again...

Out of interest (perhaps)
here is a 23 yr chart for UU

free stock charts from uk.advfn.com

[wad collector] 10/10/2020 09:01

I just cast an experienced eye over the level of puddles in my garden.
Or....hxxps://www.unitedutilities.com/help-and-support/your-water-supply/reservoir-levels/

Now slightly higher than the annual average I see.

[gateside] 10/10/2020 07:54

Where do you get the data from of how full the reservoirs are?

[wad collector] 01/10/2020 11:29

I missed this last week;

24 September 2020

UNITED UTILITIES TRADING UPDATE

United Utilities announces the following trading update ahead of its half year results on 25 November 2020.

Current trading is in line with the group's expectations for the six months ending 30 September 2020.

COVID-19

Our focus throughout the COVID-19 pandemic continues to be on supporting customers in the provision of essential services whilst protecting our colleagues. Throughout the pandemic, we have continued to supply drinking water, take away wastewater and carry out essential repairs for over 3 million households in the North West. We have also acted swiftly to support customers who are struggling to pay their bills through our extensive financial assistance schemes. Increasing numbers of vulnerable customers are being supported through our Priority Services scheme.

Operational performance

Operational performance in the first half of the year is on track against our AMP7 plan, notwithstanding the pandemic, and we continue to target net outcome delivery incentive (ODI) outperformance for the full year 2020/21.

We have been able to accelerate our capital expenditure profile for AMP7 (compared with the assumed profile in the final determination) to deliver benefits earlier than would otherwise be the case, as was successfully achieved in AMP6.

Strong environment, social and governance (ESG) credentials

Earlier in September, we were pleased to be recognised for our approach to sustainability: we are one of only eight UK listed companies to be included in the Global Challenges Index (GCX) that recognises the top 50 companies worldwide for their approach to sustainability; and we achieved 11(th) position in EcoAct's FTSE100 leaderboard for how we report our sustainability performance. Also in the month, we launched an investor guide(1) to our long-standing commitment to ESG, detailing key achievements to date and our ambitions for the future.

Financials

Cash collection from our household customer base has been consistent with the targets that we set before the COVID-19 pandemic. Although we anticipate bad debt may increase as government support schemes come to an end, we secured early agreement during the pandemic to extend our social tariff and this, combined with our extensive range of financial assistance schemes, underpins our confidence in the adequacy of the provision we made at the March 2020 year end.

Group revenue is expected to be lower than the first half of last year, largely reflecting our allowed regulatory revenue changes and lower consumption from businesses as a result of COVID-19, partly offset by higher consumption from households. Overall, the net reduction in revenue in the first half of the year is expected to be around 5 per cent.

Underlying operating profit for the first half of 2020/21 is expected to be lower than the first half of 2019/20 largely reflecting the lower revenue and an anticipated moderate increase in infrastructure renewals expenditure (IRE).

The rate of inflation that is applied to the group's index-linked debt is lower for the first half of the year and we therefore expect the underlying net finance expense for the first half of 2020/21 to be around GBP30 million lower than the first half of last year.

As the company continues to invest in its asset base we expect a small increase in group net debt at 30 September 2020 compared with the position as at 31 March 2020.

O

[wad collector] 29/7/2020 11:46

Good to see that the drought worries are receeding
19th July 2020 levels 73.7% full , annual average is 77.5%

The share price graph is looking more like a millpond than a surfing beach...

[mach100] 25/6/2020 18:24

Thanks Salty. I concur and would even go as far as saying that today's 43p fall is just a drop in the ocean.
I assume there is a DRIP dividend?

[saltaire111] 25/6/2020 09:39

Don’t worry about this morning’s drop. It’s Ex-D day today.

Pay Date is 3 August.

Salty

[wad collector] 19/6/2020 13:26

Reservoirs down to 61.4% (average year 84.5)and there is hopefully still a lot of summer ahead .
Sp,in contrast, moved to a post Covid high. £10 beckons.

[wad collector] 02/6/2020 11:34

Just checking the UU reservoir levels , 73% full ,average yr 87.5%

It does show how poor our infrastructure is , that after the wettest winter on record , we have emptied a quarter of the reservoirs and summer has barely begun ,. ( or perhaps it has almost finished?)
Surely no Government will risk reducing water infrastructure investment? OK that is a naive statement.

In comparison , Severn Trent was 85% full last week at same point , South West Water 84%

[superiorshares] 01/6/2020 07:18

Mach100. LOL .
I wash my hands a hundred times a day now :-). I want to invest in whatever company owns that Norwegian hand cream :-).
Regards

[mach100] 30/5/2020 15:55

I think there is already an agreement in place for 5 years with the regulator. Some political pressure could be brought to bear but the Water companies could offset by cutting back on investment in infrastructure. There certainly might have to be some water rationing as all this handwringing will see a massive spike in demand.

[smurfy2001] 29/5/2020 18:03

United Utilities sending me an email telling me to reduce my water usage whilst charging me an arm and leg for water.

They must be having a laugh.

[pete123456] 27/5/2020 15:50

AS THE FTSE 100 FALLS UU. RISES.

[clunes100] 27/5/2020 14:11

Thanks, I also assumed that punters had gone after more exciting prospects today. I have bought as the price has dropped, so very pleased with my average and like you happy to sit on these long term for capital growth and dividend. Although I suspect that once a few profits have been taken else where, punters will return to UU. and the other utilities are already turning positive, back in profit by the end of the afternoon I expect. Many thanks DYOR

[the bug] 27/5/2020 13:06

Clunes100 - more potential upside in banks, insurances and oil which is pushing the ftse blue. Defensive stock like UU. left behind for some reason. I've just bought back in for some steady income - ex div soon

[clunes100] 27/5/2020 10:39

What's up here, a couple of really positive days on the market and UU. share price drops back.

Anyone got a view?

[wad collector] 22/5/2020 12:22

Nice to see a balance sheet not obliterated by Covid. Wish some of my other holdings looked like that!
Mustn't forget that the figures only cover the beginning of lockdown ; worse ahead.

[eldermon] 22/5/2020 10:06

Down 4.5% so far this morning on what to me appear quite good figures, confirmation of dividends and increased dividends. Only bad item I spotted on brief review was the Water plus losses.

[wad collector] 20/5/2020 19:50

Bet it is still £9!

[pete123456] 19/5/2020 16:15

heads or tails .
will this share be nearer £8 or £10 on friday close.
my money riding on £10

[pete123456] 19/5/2020 07:53

seven trent results due tomorrow should give a good idea of uu. results on Friday.

[chester42] 15/4/2020 16:57

1.3 million (£11.77m) bought at close of the day today - for a price of 888.2p per share. Very interesting, this is probably just under 2% of the company.

[wad collector] 25/3/2020 12:32

A bit of good news that will make little difference to the dire market view....
25 March 2020

UNITED UTILITIES TRADING UPDATE

United Utilities announces the following trading update ahead of its full year results on 22 May 2020.

Current trading is in line with the group's expectations for the year ending 31 March 2020

[crossing_the_rubicon] 20/3/2020 12:08

There'll be no gas,no electric long before there is no water :)