EU UTILITIES: Severn Trent (SVTLN Baa2/BBB/BBB): FY24 Results

Jan-24 09:18

Credit neutral.

  • Severn Trent reported revenue in line with consensus.
  • Adj. EBITDA missed by 2%.
  • Economic regulated gearing unchanged at 58.7%.
  • Net leverage little changed at 7.8x.
  • AMP8 capital delivery is on track.
  • Webcast 09.00 GMT https://us02web.zoom.us/j/83478328871?pwd=FaXxB8WbvZWoYTvVxH5m6pv3lrbbrt.1#success.

Historical bullets

MNI: CHINA PBOC CONDUCTS CNY192.3 BLN VIA 7-DAY REVERSE REPOS WEDS

Dec-25 01:22
  • CHINA PBOC CONDUCTS CNY192.3 BLN VIA 7-DAY REVERSE REPOS WEDS

MNI: CHINA SETS YUAN CENTRAL PARITY AT 7.1868 WEDS VS 7.1876

Dec-25 01:21
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1868 WEDS VS 7.1876

MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%

Dec-24 23:51
  • MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%
  • JAPAN NOV SERVICES PPI +0.4% M/M: OCT UNREV +0.8%