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United Utilities sees rise in annual revenue, submits $1.8 billion investment plan to water regulator

Published by Global Banking & Finance Review

Posted on April 30, 2026

2 min read

· Last updated: April 30, 2026

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United Utilities sees rise in annual revenue, submits $1.8 billion investment plan to water regulator

United Utilities Annual Financial Performance and Investment Plans

Revenue Forecast and Investment Submission

April 30 (Reuters) - British water utilities firm United Utilities on Thursday forecast a higher annual revenue and said it has submitted plans to regulator Ofwat for a further 1.4 billion‑pound ($1.88 billion) investment programme that could create 4,000 supply chain jobs.

Strategic Focus of the Investment

The company said the investment would support housing, data centres and clean energy development, at a time when Britain's water sector is under pressure to address pollution and strengthen long‑term infrastructure resilience.

Profit Growth and Operational Progress

Financial Results

United Utilities posted adjusted profit after tax for the year ended March 31 of 730 million pounds, up from 513.3 million pounds a year earlier.

Operational Achievements

"Operationally, we are making real progress on the issues that matter most, including significant reductions in storm overflow spills and sewer flooding, alongside strong customer service performance," CEO Louise Beardmore said in a statement.

Future Revenue Expectations

The company expects revenue to rise to between 2.7 billion pounds and 2.8 billion pounds for the year ended March 2027.

Additional Information

($1 = 0.7429 pounds)

(Reporting by Ankita Bora in Bengaluru; Editing by Sonia Cheema)

Key Takeaways

  • United Utilities is projecting a notable increase in annual revenue to £2.7–£2.8 billion for year ending March 2027.
  • The firm has put forward a £1.4 billion investment plan to UK regulator Ofwat, aiming to stimulate 4,000 supply‑chain jobs.
  • This proposal aligns with its wider AMP8 capital strategy, building upon its previously submitted £13.7 billion plan for 2025–2030 that targets infrastructure upgrades and environmental improvements (unitedutilities.com)

References

Frequently Asked Questions

What revenue increase does United Utilities expect for the year ending March 2027?
United Utilities expects its revenue to rise to between 2.7 billion and 2.8 billion pounds for the year ending March 2027.
How much is United Utilities planning to invest in its new programme?
United Utilities has submitted a 1.4‑billion‑pound ($1.88 billion) investment plan to Ofwat.
What is the potential impact of the new investment plan on jobs?
The investment programme could create 4,000 supply chain jobs.
Who regulates United Utilities' investment plans?
The UK water regulator Ofwat reviews and approves United Utilities' investment proposals.

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