United Utilities ( (UUGRY) ) has released its Q2 earnings. Here is a breakdown of the information United Utilities presented to its investors.
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United Utilities, a leading water and wastewater services provider in the North West of England, has reported strong financial and operational performance for the first half of 2026. The company is actively investing in infrastructure improvements and environmental performance, with a £13 billion investment plan over the next five years aimed at boosting economic growth and supporting thousands of jobs.
The latest earnings report highlights a significant increase in revenue and profits, with revenue rising by 21% to £1,309.2 million and operating profit surging by 68.4% to £561.5 million. The company has also made notable progress in reducing storm overflow spills by 40% and improving customer service, achieving all targets in customer experience measures.
Key financial metrics show a robust performance, with EBITDA up by 40% and profit before tax more than doubling to £325.3 million. The company has maintained a low level of gearing at 60% and continues to support customers facing financial challenges by doubling its affordability support.
Looking ahead, United Utilities remains focused on delivering its ambitious investment program and improving environmental outcomes. The company aims to outperform its regulatory contract and continue its dividend growth in line with inflation, while maintaining a stable financial position and strong liquidity.