Overview
- Severn Trent posted a 59% profit increase to £320 million for the year ending March 31, 2025, alongside a 3.8% revenue rise to £2.4 billion.
- Household water bills were raised by 21% in April 2025, bringing the average annual bill to £556, to help fund a £15 billion investment plan over the next five years.
- The company reported a 66% reduction in sewage spills in the first four months of 2025, but acknowledged missing overall pollution targets despite top ratings for addressing serious pollutions.
- Severn Trent plans to invest £400 million in 843 miles of new pipes, aiming to reduce leakage by 15% over the next five years and halve water lost by 2045.
- Critics, including MP Helen Morgan, condemned the profit surge and executive pay of nearly £5 million as unfair to customers facing rising costs and environmental challenges.