United Utilities Group PLC provides update on earnings guidance for the first half ending September 30, 2020. The company expects Group revenue to be lower than the first half of last year, largely reflecting company's allowed regulatory revenue changes and lower consumption from businesses as a result of COVID-19, partly offset by higher consumption from households. Overall, the net reduction in revenue in the first half of the year is expected to be around 5%. Underlying operating profit for the first half of 2020/21 is expected to be lower than the first half of 2019/20 largely reflecting the lower revenue and an anticipated moderate increase in infrastructure renewals expenditure.