UK's United Utilities profit gains on regulatory incentives [Reuters]
UNITED UTIL GRP S/ADR PLC (UUGRY)
NASDAQ:AMEX Investor Relations:
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Source: Reuters
UK's United Utilities profit gains on regulatory incentives - Reuters 1 Min Read Nov 20 (Reuters) - British water supplier United Utilities Group Plc reported a 6.5% rise in first-half underlying earnings on Wednesday, driven by target-based incentives from regulator Ofwat and lower infrastructure-related costs. United Utilities, which faces a threat of re-nationalisation, said underlying operating profit rose to 391.7 million pounds ($505.84 million) for the six months ended Sept. 30, compared with 367.8 million pounds a year earlier. $1 = 0.7744 poundsReporting by Safia Infant; editing by Uttaresh.V All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. UK's United Utilities profit gains on regulatory incentives Nov 20 (Reuters) - British water supplier United Utilities Group Plc reported a 6.5% rise in first-half underlying earnings on Wednesday, driven by target-based incentives from regulato
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