Severn Trent Reports Profit Surge Despite Water Safety Failures

The utility company faces penalties for not meeting water safety standards while nearly tripling its profits.

Severn Trent's profits before tax rose to £192 million in the first half of the financial year, up from £71 million the previous year.
The company admitted to failing the compliance risk index (CRI) due to issues at its Strensham treatment works.
Severn Trent plans to invest up to £1.5 billion in infrastructure improvements, including a significant ultraviolet disinfection scheme.
Despite the safety setback, the company increased its interim dividend by 4.2% and maintained a strong financial position.
The Environment Agency has rated Severn Trent with four stars for five consecutive years, despite recent fines for pollution incidents.