United Utilities Group PLC Provides Revenue Guidance for the First Half of 2021/22
September 27, 2021 at 02:00 am EDT
United Utilities Group PLC provided revenue guidance for the first half of 2021/22. Group revenue for the first half of 2021/22 is expected to be higher than the first half of last year, mainly reflecting higher consumption only partially offset by the known regulatory revenue reduction. Household consumption remains high as many customers continue to work from home and consumption from businesses has started to return to pre-Covid levels as restrictions are lifted. Overall, the net increase in revenue in the first half of the year is expected to be around 4%.