Business
Final Results
Final Results.
About this update from United Utilities Group Plc
[{"type":"text","content":"\n\n2024/25 FULL YEAR RESULTS STATEMENT\n \n15 May 2025: United Utilities today announces full year results for the year to 31 March 2025.\n \nLouise Beardmore, Chief Executive Officer, said:\n\"We have delivered another strong set of results for customers, communities and the environment in the North West. Our focus on performance has seen us meet or surpass around 80 per cent of our performance targets over the last five years, the best performance of any water company.\n \n\"Our long-term strategy of investment helped us cut spills per storm overflow by 24 per cent last year, a total of 20,000 fewer spills and the biggest year-on-year reduction in the sector. We are one of only three companies to have achieved our customer targets for services provided to families, businesses and housing developers every year, and at the same time we have helped more than 400,000 households in the North West with affordability support since 2020.\n \n\"Looking to the future, we have already started work on our ambitious £13 billion plan for the next five years - the biggest investment in improving water and wastewater infrastructure in more than a century. We're proud our plans will deliver a huge boost to customers and communities across the North West, supporting 30,000 jobs and creating an estimated £35 billion of economic value for the region.\"\n \nKey financials - year ended 31 March\n\n\n\n\n\n\n\nReported\n\n\nUnderlying1\n\n\n\n\n£m\n\n\n2025\n\n\n2024\n\n\n% change\n\n\n2025\n\n\n2024\n\n\n% change\n\n\n\n\nRevenue\n\n\n2,145.2\n\n\n1,949.5\n\n\n+10.0%\n\n\n2,145.2\n\n\n1,949.5\n\n\n+10.0%\n\n\n\n\nOperating profit\n\n\n631.5\n\n\n480.2\n\n\n+31.5%\n\n\n633.8\n\n\n517.8\n\n\n+22.4%\n\n\n\n\nProfit before tax\n\n\n355.0\n\n\n170.0\n\n\n+108.8%\n\n\n338.6\n\n\n220.5\n\n\n+53.6%\n\n\n\n\nProfit after tax\n\n\n264.7\n\n\n126.9\n\n\n+108.6%\n\n\n338.3\n\n\n227.3\n\n\n+48.8%\n\n\n\n\nEPS (pence)\n\n\n38.8\n\n\n18.6\n\n\n+108.6%\n\n\n49.6\n\n\n33.3\n\n\n+48.9%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n2025\n\n\n2024\n\n\n% change\n\n\n\n\nDPS (pence)\n\n\n51.85\n\n\n49.78\n\n\n+4.2%\n\n\n\n\nNet regulatory capex (£m)\n\n\n1,082.7\n\n\n737.1\n\n\n+46.9%\n\n\n\n\nRCV2 (£m)\n\n\n15,367\n\n\n14,664\n\n\n+4.8%\n\n\n\n\nNet debt (£m)\n\n\n9,345\n\n\n8,763\n\n\n+6.7%\n\n\n\n\nRCV gearing3 (%)\n\n\n60%\n\n\n59%\n\...