top of page

Anglian half-year profit before tax slumps 76%

by Trevor Loveday

Anglian Water has reported a year-on-year 75.9% drop in adjusted profit before tax to

£85.2m for the six months to 30 September 2021. It attributed the fall to the impact of inflation on inflation-linked borrowings.


The company reported a 3.5% increase operating profit to £395.8m. It said it was “on track for net outcome delivery incentive rewards.”


The company reported an 8.9% decrease in its fair value loss on derivatives to £91.6m driven by an increase in forward inflation curves compared to the same period in 2020.

Comentarios


bottom of page