Severn Trent (GB:SVT) has released an update.
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Severn Trent reported strong financial results for the first half of 2024, marking its highest year of capital investment and achieving significant growth in Regulatory Capital Value. The company is well-positioned for AMP8, with plans for substantial investments in sustainability and infrastructure, including a commitment to net zero emissions by 2030. These developments have resulted in increased earnings per share and a robust financial outlook, making Severn Trent an attractive prospect for investors.
For further insights into GB:SVT stock, check out TipRanks’ Stock Analysis page.