United Utilities is reporting 3% growth in its underlying profit to £622.9m.
Revenue for the Warrington-based water giant stayed mainly static at just above £1.70bn in the year to March 31, compared to £1.730 in 2016. Reported operating profit was up 7% to £605.5m.
Meanwhile, in the period the company ploughed £804m into AMP6 (asset management programme) taking its investment to £1.6bn over the first two years.
The company also reported a “robust capital structure and effective pensions hedging”.