Good debt versus bad debt: UK results in focus
- From: Vol 11, Issue 6 (June 2010)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Severn Trent and United Utilities
The quoted UK WASCs continued to improve their operating profits during the last fiscal year. Investors, meanwhile, have been forced to swallow growing bad debt and restructuring charges.
The quoted UK WASCs continued to improve their operating profits during the last fiscal year. Investors, meanwhile, have faced growing bad debt and restructuring charges.
The 2009/10 full-year results of the publicly quoted UK water groups reflect both the impact of the recession and the effect of continuing turmoil in the financial markets on their operations.
The recession took ...
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