Annual profits

Severn Trent PLC’s annual profits rise despite the £ 22million blow from last summer’s heatwave

Severn reported a 7.8% increase in its pre-tax profits to £ 563million in the 12 months ended March 31, helped by lower tax rates and lower interest repayments. PLC () profits jumped nearly 8% last year, despite huge costs associated with “one of the hottest, driest summers” on record. The FTSE 100-listed water company said […]