Severn Trent suffers revenue and profit loss after covid hits water consumption
Water and sewage company Severn Trent has seen revenue fall by £22 million after a ‘challenging’ six months.
In its latest results announcement, the company – whose headquarters are in Coventry – revealed that for the half year to September 30, group turnover fell 2.5 per cent to £887.6m from £910m in 2019; while pre-tax profit fell by more than 20 per cent to £224.6m.
The company – which serves…
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