Company News
Yorkshire Water is investing £5.5 million in two wastewater treatment plants that will help to improve the water quality of the river Dearne and river Don.
Specialist engineering and construction company Murphy further strengthened financial position in 2023 - profits were up 50%, while an already strong order book increased by 31% from 2022 to over £3.3 billion of contracted revenues, according to its financial results for the year ended 31 December 2023.
Severn Trent Plc has delivered a robust financial performance in 2023-24, with group turnover rising to £2,338.2 million in 2023-24 from £2,165.1 million in 2022/23, while profit before interest and tax (PBIT) rose to £511.8 million in 2023-24 (2022/23: £508.8 million) according to its preliminary Announcement of Annual Results for the year to 31 March 2024 released today.
After the wettest winter on record for the East of England, Anglian Water has outlined its plans for additional work to protect the environment - in total, an investment of almost half a billion pounds will be spent this year alone.
The Environment Agency has successfully prosecuted Welsh Water Ltd for breaking conditions of an environmental permit at a sewage treatment works near Hereford between August 2020 and June 2021.
- Pennon Group – revenues up 10% to £907.8 million for 2023/24 from £797.2 million in 2022/23
- Wessex Water to invest £2 million in flood protection scheme for Chippenham
- United Utilities works with food service establishments to divert 2.5 million litres of cooking fats and oils from sewers
- Anglian Water invests £3m-plus to replace 10km of pipe between Ravensden and Keysoe
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Expert Focus
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Thames Water starts work on £20 million pipe upgrade in Islington February 13, 2024
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