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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
United Utilities Group Plc | LSE:UU. | London | Ordinary Share | GB00B39J2M42 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,046.50 | 1,050.00 | 1,050.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Combination Utilities, Nec | 1.83B | 204.9M | 0.3005 | 34.94 | 7.16B |
TIDMUU.
RNS Number : 2901Z
United Utilities Group PLC
14 December 2017
United Utilities Group PLC
14 December 2017
UNITED UTILITIES 2019 PRICE REVIEW UPDATE
On 13 December 2017, Ofwat published its final methodology for the 2019 price review (PR19) in which it sets out its expectations and requirements for companies preparing their business plans to meet the needs of customers from 2020 to 2025 and beyond. This represents a further evolution of Ofwat's Water 2020 framework and the PR19 methodology consultation published earlier this year.
United Utilities has been actively engaged in the development of this approach, contributing across the full range of working groups and providing detailed proposals in key areas. We support Ofwat in developing a progressive framework of regulation in the sector. We believe that our strong track record of operational performance and service delivery, leading environmental performance, innovative approaches to customer service, and recognised strengths in transparency and reporting provide a strong underpin for our business plan.
We are advanced in our plans for PR19, informed by extensive engagement with customers regarding their needs and priorities. In May 2018, we will provide early evidence on company specific factors affecting our wholesale and retail operations in the North West ahead of our final business plan submission in September 2018.
We will provide a further update via a webcast presentation to investors and analysts at 2.00pm on Thursday 14 December 2017. The webcast can be accessed using the following link:
http://event.on24.com/wcc/r/1564096-1/468F737F682DFE7F16842411935B001C
A live listen in facility can be accessed by dialling:
UK toll: +44 (0) 333 300 0804 / UK toll free: +44 (0) 800 358 9473
Participant PIN: 06817461#
For international dial in numbers:
http://events.arkadin.com/ev/docs/NE_W2_TF_Events_International_Access_List.pdf
This announcement and the associated presentation will be available on the day at:
https://www.unitedutilities.com/corporate/investors/financial-news/latest-financial-news/
An audio recording of the event will be available for 90 days and can be accessed by dialling:
UK toll: +44 (0) 333 300 0819 / UK toll free: +44 (0) 800 358 2049
Access code: 301213810#
For international dial in numbers for the audio recording, please contact United Utilities below.
United Utilities contacts:
Gaynor Kenyon, Corporate Affairs +44 (0) 7753 Director 622 282 Robert Lee, Head of Investor +44 (0) 7500 Relations 087 704 Sam Chiene / Peter Hewer, Tulchan +44 (0) 2073 Communications 534 200
LEI 2138002IEYQAOC88ZJ59
Classification - 2019 price review update
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 14, 2017 02:00 ET (07:00 GMT)
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