Severn Trent Plc (LON:SVT) has announced the following trading update for the period to 8 July 2026.
Following a strong start to FY27, we continue to build on our momentum with operational and financial performance in line with expectations. We remain confident of delivering at least £50 million1 of total performance incentives2 this year. has reported a strong start to FY27, with operational and financial performance in line with expectations. It remains confident of delivering at least £50 million1 of total performance incentives2 this year.
Our capital programme continues to be delivered at pace, with around £440 million invested in the first quarter of the year, up 22% year-on-year, and we are on track to deliver between £2.2 billion – £2.5 billion of capital expenditure in FY27.
On 17 June the Group completed the refinancing of its core bank facilities, increasing committed facilities to £1.65 billion across Severn Trent Water and Severn Trent Plc, underpinning liquidity and reflecting the strength of our position in the debt financing markets.
We will announce our interim results for FY27 on 18 November 2026.
Footnotes
1. In nominal prices, inflated to March 2026 CPIH.
2. Outcome Delivery Incentives (‘ODIs’) and Price Control Deliverables (‘PCDs’) combined.
