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.
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