Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Severn Trent reiterates outlook after 'strong' start

(Sharecast News) - Water and sewage firm Severn Trent reiterated its full-year outlook on Thursday, boosted by ongoing work to find and fix leaks. In a trading update, the utility - which supplies around 4.6m homes and business in the Midlands and Wales - said it had seen a "strong start" to the current five-year regulatory period, which runs until 31 March 2030.

As a result, its financial performance for the 2026 full year was on track to meet guidance, with "at least" £25m in outcome delivery incentives reward.

Severn continued: "We anticipate the main contributors of our operational outperformance to be improvements in leakage, driven by increased proactive work to find and fix leaks, and continued efforts to bring down storm overflow spills."

The Coventry-based firm invested around £360m in its capital programme during the first quarter, up 19% year-on-year, while the average sewage spills performance was around five in the first six months of 2025, down 65% on the same period in 2024.

The blue chip is due to publish interim numbers in November. Earlier this week it warned customers that a hose pipe ban remained an option, after a dry spring and hot June meant there was less water than normal in its reservoirs and in rivers.

Share this article

Related Sharecast Articles

PE firm Arcline not planning to bid for Senior
(Sharecast News) - Private equity firm Arcline Investment Management said on Wednesday that it does not intend to make an offer for engineer Senior.
JPMorgan American Investment Trust reports positive but lagging performance
(Sharecast News) - JPMorgan American Investment Trust reported a positive but lagging performance in 2025 on Wednesday, as its quality-focused investment approach underperformed a market driven by higher-risk stocks, while the board struck an optimistic tone on the outlook for US equities.
Topps Tiles to shut 23 stores in cost-saving bid
(Sharecast News) - Topps Tiles announced plans to shut 23 underperforming stores on Wednesday as the tile specialist looks to save costs.
Berenberg downgrades Future to 'hold', slashes target price
(Sharecast News) -

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.