UNITED UTILITIES GROUP PLC ORD GBP0.05
Symbol: UU.
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Company
Business Summary
United Utilities Group PLC is a water and wastewater company. The Company is engaged in providing water and wastewater services in the Northwest of England. It collects its water from a range of different sources, but predominantly from its reservoirs in the Pennines and the Lake District. It extracts water from Lake Vyrnwy in Wales for customers in Merseyside and Cheshire, while the rest is taken from the River Dee, boreholes and streams. It collects and treats wastewater from three million homes and 200,000 businesses from as far north as Carlisle all the way down to Crewe. Cumbria’s Thirlmere and Haweswater are its reservoirs. Haweswater holds more than 84,800 million liters of water. It owns and manages over 56,000 hectares of land. The majority of this land surrounds its reservoirs. It operates over 79,000 kilometers of wastewater pipes to transport wastewater from sewers to one of its 584 wastewater treatment works. It supplies about 1.8 billion liters of water every day.
Financial Summary
BRIEF: For the six months ended 30 September 2024, United Utilities Group PLC revenues increased 10% to £1.08B. Net income decreased 12% to £103.1M. Revenues reflect Wholesale wastewater charges increase of 12% to £559.1M, Wholesale water charges increase of 9% to £450.1M. Dividend per share remained flat at £0.17. Basic Earnings per Share excluding Extraordinary Items decreased from £0.17 to £0.15.
Financials
Income Statement - All values are in GBP (M).
Year Ending |
31/03/2024 |
31/03/2023 |
31/03/2022 |
31/03/2021 |
31/03/2020 |
31/03/2019 |
---|---|---|---|---|---|---|
Total Revenue | 1,949.50 | 1,824.40 | 1,862.70 | 1,808.00 | 1,859.30 | 1,818.50 |
Gross profit | NIL | NIL | NIL | NIL | NIL | NIL |
Operating Profit/Loss | 480.20 | 472.00 | 610.00 | 638.80 | 630.30 | 634.90 |
Profit Before Tax | 170.00 | 256.30 | 439.90 | 551.00 | 303.20 | 436.20 |
Profit After Tax | 126.90 | 204.90 | -56.80 | 453.40 | 106.80 | 363.40 |
Equity Holders of Parent Company | 126.90 | 204.90 | -56.80 | 453.40 | 106.80 | 363.40 |
Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
Year Ending |
31/03/2024 |
31/03/2023 |
31/03/2022 |
31/03/2021 |
31/03/2020 |
31/03/2019 |
---|---|---|---|---|---|---|
Total Non-Current Assets | 13,884.40 | 13,835.80 | 13,823.20 | 13,166.20 | 13,215.70 | 12,466.40 |
Total Current Assets | 1,769.00 | 691.40 | 613.80 | 1,012.90 | 828.40 | 721.40 |
Total Assets | 15,653.40 | 14,527.20 | 14,437.00 | 14,179.10 | 14,044.10 | 13,187.80 |
Total Liabilities | 13,597.30 | 12,018.50 | 11,479.60 | 11,148.10 | 11,082.00 | 10,077.00 |
Total Net Assets | 2,056.10 | 2,508.70 | 2,957.40 | 3,031.00 | 2,962.10 | 3,110.80 |
Shareholders Funds | 2,056.10 | 2,508.70 | 2,957.40 | 3,031.00 | 2,962.10 | 3,110.80 |
Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
Total Equity | 2,056.10 | 2,508.70 | 2,957.40 | 3,031.00 | 2,962.10 | 3,110.80 |
Outlook
Broker View
Data shown is based on the past 75 days of broker views.
ActionBrokers |
Strong Buy6 |
Buy3 |
Neutral4 |
Sell0 |
Strong Sell0 |
---|---|---|---|---|---|
Brokers | 6 | 3 | 4 | 0 | 0 |
Consensus |
ConsensusBuy |
Not advice based on your circumstances. Does not constitute a recommendation to buy or sell this or any other security. Selected data supplied by Digital Look® Read more.
Forecasts
Year | 2025 | 2026 | 2027 |
---|---|---|---|
Revenue | £2,138.52mn | £2,545.88mn | £2,756.36mn |
Pre-tax-Profit | £657.99mn | £955.69mn | £1,055.30mn |
EPS | £0.50p | £0.90p | £0.99p |
EPS Growth | 48.80% | 80.92% | 10.80% |
P/E | 22.22 | 12.28 | 11.08 |
PEG Ratio | 0.46 | 0.15 | 1.03 |
Dividend | 51.63p | 53.02p | 54.19p |
Yield | 0.00% | 0.00% | 0.00% |
Upgrades & Downgrades (Latest)
Date | Broker | Recommendation | Price | Old Target | New Target | Change |
---|---|---|---|---|---|---|
5th Jul 2024 | JP Morgan Cazenove | Reiteration | 1025p | 0p | 0p | Overweight |
21st May 2024 | Jefferies | Reiteration | 1086p | 0p | 1230p | Buy |
14th May 2024 | Morgan Stanley | Reiteration | 1107p | 0p | 0p | Overweight |
11th Apr 2024 | Jefferies | Reiteration | 994p | 0p | 1230p | Buy |
3rd Oct 2023 | Deutsche | Reiteration | 913p | 0p | 0p | Hold |
28th Sep 2023 | Barclays | DownGrade | 911p | 1310p | 1290p | Equal-weight |
6th Jul 2023 | Morgan Stanley | Reiteration | 947p | 1040p | 1220p | Overweight |
Time & Sales
All prices are in GBX and times are in GMT. Last 20 trades shown. Trade type is estimated and should be treated as indicative only.
Date | Time | Price | Volume | Type |
---|---|---|---|---|
25 Apr 2025 | 16:53 | 1,104.4431 | 13,731 | Sell |
25 Apr 2025 | 16:35 | 1,104.5 | 600 | Buy |
25 Apr 2025 | 16:35 | 1,104.5 | 673 | Buy |
25 Apr 2025 | 16:35 | 1,104.5 | 920 | Buy |
25 Apr 2025 | 16:35 | 1,104.5 | 927,250 | Buy |
25 Apr 2025 | 16:29 | 1,100 | 2 | Sell |
25 Apr 2025 | 16:29 | 1,101 | 107 | Buy |
25 Apr 2025 | 16:29 | 1,101 | 107 | Buy |
25 Apr 2025 | 16:29 | 1,101 | 338 | Buy |
25 Apr 2025 | 16:29 | 1,100.5 | 132 | Buy |
25 Apr 2025 | 16:29 | 1,100.5 | 153 | Buy |
25 Apr 2025 | 16:29 | 1,100.5 | 905 | Buy |
25 Apr 2025 | 16:29 | 1,100.5 | 41 | Buy |
25 Apr 2025 | 16:29 | 1,100 | 12 | Sell |
25 Apr 2025 | 16:29 | 1,100.5 | 355 | Sell |
25 Apr 2025 | 16:29 | 1,100.5 | 533 | Sell |
25 Apr 2025 | 16:29 | 1,100.5 | 171 | Sell |
25 Apr 2025 | 16:29 | 1,100.5 | 119 | Buy |
25 Apr 2025 | 16:29 | 1,100 | 118 | Sell |
25 Apr 2025 | 16:29 | 1,100 | 510 | Sell |
Selected data supplied by Thomson Reuters © View restrictions.