The company provides water to much of Wales and the West of England, lifted its final dividend 9% to 70.1p per share.
Severn Trent was responsible for more than 60,000 sewage spills last year, with those spill events lasting for more than 440,000 hours – equivalent to about 50 years. Severn also said it had invested £1.2 billion this year to “continue improving performance levels”. However, it comes after the water company asked to increase bills by 35.7% over the next five years.
Liv Garfield, Chief Executive, Severn Trent Plc, said:"I'm proud of the performance our brilliant teams have delivered this year, whether for our customers, the environment or the wider region.
Source: News Formal (newsformal.com)
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