Ian Pollard – United Utilities #UU Ignores Dry Weather Costs

United Utilities Grp UU updates before its full years results are announced on the 23rd May that Group revenue is expected to be higher than last year, largely reflecting allowed regulatory revenue changes. and underlying operating profit for 2018/19 is also expected to be higher than 2017/18. Costs arising from the exceptional period of dry […]

Ian Pollard – Countryside Properties -A Lesson in Clarity and Profitability

United Utilities UU must have decided to make its half year report as obscure and meaningless as possible. Thus it is full of PR19S, ODIs, RCV Gearing and the latest craze, System Thinking. What it wont do because presumably it would make the figures for the 6 months to the end of September too easy […]

Corporate news review Tuesday 26th September 2017

AA Plc AA. Reports a robust H1 for Roadside and Insurance. Trading EBITDA rose 1% to £193m reflecting gains in insurance broking as well as reduced Head Office costs. Chairman John Leach said the Board “is very pleased that Simon Breakwell has agreed to take the role of CEO on a permanent basis” Animalcare Group […]

United Utilities – High Level Of Regional Deprivation

United Utilities UU  complains that its customers and the area in which they live suffer from high levels of income deprivation ie “a damaging lack of basic material benefits.” I wonder what its customers think to that slur. Shareholders need not fear however, as the company has “innovative facilities for enhanced engagement with its customers” […]