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-0.00690713737528779 -0.00943975441289327 -0.0130468150422103 -0.0115118956254796 -0.0130468150422101 -0.0122793553338448 -0.00997697620874896 -0.000383729854182579
Stock impact report

UK's United Utilities flags lower incentive payments from regulator [Reuters]

UNITED UTIL GRP S/ADR PLC (UUGRY) 
NASDAQ:AMEX Investor Relations: unitedutilities.com/corporate/investors
Company Research Source: Reuters
that are granted for exceeding service targets, as stormy weather in England hampered its performance. The company now expects outcome delivery incentives (ODIs), which refer to rewards for delivering beyond committed performance targets, of 40 million pounds ($50.20 million), compared with the "above 50 million pounds" forecast earlier. Ad Break Coming Up Ad Visit Advertiser website GO TO PAGE Numerous storms -- including 10 named ones since September as reported by the UK Met office -- have brought exceptionally high levels of rain and impacted the water firm's performance, as pipelines overflow. However, United Utilities and peer Severn Trent (SVT.L) , opens new tab stuck by their full-year 2023 forecasts on Wednesday, betting on higher consumer bills and higher consumption levels. Ofwat, which regulates water firms in England and Wales, forecasts the average increase in water bills for 2024/2025 to be 27.4 pounds ($34) or about 2.30 pounds a month. Advertisement Show less Read more
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