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Severn Trent Reports Record £320M Profit Following 21% Water Bill Hike

The company attributes profit growth to financial strength funding a £15 billion infrastructure upgrade, while facing criticism over pollution, executive pay, and rising household costs.

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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.