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Severn Trent ( (GB:SVT) ) has issued an announcement.
Severn Trent has announced the PR24 Final Determination, which outlines a significant regulatory settlement increase to £14.9 billion for the period 2025 to 2030. This investment will support ambitious environmental and operational projects, including a spills reduction program, river health improvements, and achieving operational Net Zero by 2030, while maintaining affordable customer bills.
More about Severn Trent
Severn Trent is a prominent player in the water industry, providing water and wastewater services. The company focuses on delivering sustainable water management solutions and maintaining environmental standards.
YTD Price Performance: 3.71%
Average Trading Volume: 669,524
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.66B
Find detailed analytics on SVT stock on TipRanks’ Stock Analysis page.