United Utilities Trading Update - Willu Invest

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    United Utilities Trading Update

    Trading Update stated:

    The company continues to invest
    Group revenue at the interims is expected to be just under 3% higher than H1 2016/17
    Increase in inflation will push up their finance costs by £30m.
    Net debt will show a small increase, with gearing comfortably within the 55% to 65% target range.
    The dividend policy is to increase the pay-out by at least RPI each year until 2020.

    As of 08:16am the stock was trading down c.0.20% at 859.00p


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