Some joy for UK water companies at half way

Pennon and Kelda did well. AWG is improving, but doubts continue about United and Northumbrian.

The UK-quoted water sector produced a more-good-than-bad set of half-year results at the end of November and beginning of December, with only Northumbrian Water failing to meet or exceed expectations.

AWG said that the dry weather had helped, although investors seemed more interested in news of the disposals programme. The company said that the sales of its operations in Australia ...

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