Severn Trent Trading in Line with Expectations
20 Juillet 2016 - 9:00AM
Dow Jones News
LONDON--Severn Trent PLC (SVT.LN) Wednesday said it has been
trading in line with expectations since May and that it expects to
deliver a trading performance consistent with its prior
guidance.
The company, which treats and provides water and removes waste
water, said it is making good progress in the joint venture with
United Utilities.
The company said the results for fiscal 2017 will include two
months of discontinued operations for non-household retail
operations and 10 months of its 50% share of the joint venture.
Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter
@OlgaCotaga
(END) Dow Jones Newswires
July 20, 2016 02:45 ET (06:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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