Declared Dividend • May 23
Final dividend of UK£0.76 announced Shareholders will receive a dividend of UK£0.76. Ex-date: 28th May 2026 Payment date: 15th July 2026 Dividend yield will be 3.7%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 52% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • May 22
Severn Trent PLC Proposes Final Ordinary Dividend for the Year Ended 31 March 2026, Payable on 15 July 2026 Severn Trent PLC announced in line with the policy for AMP7 to increase the dividend by at least CPIH each year, the board has proposed a final ordinary dividend of 75.62 pence per share for the year ended 31 March 2026 (2024/25: 73.03 pence per share). This gives a total ordinary dividend for the year of 126.02 pence (2024/25: 121.71 pence). The final ordinary dividend is payable on 15 July 2026 to shareholders on the register at 29 May 2026. Ex dividend date is 28 May 2026. Annual General Meeting date is 09 July 2026. Reported Earnings • May 21
Full year 2026 earnings released: EPS: UK£1.24 (vs UK£0.77 in FY 2025) Full year 2026 results: EPS: UK£1.24 (up from UK£0.77 in FY 2025). Revenue: UK£2.83b (up 17% from FY 2025). Net income: UK£371.0m (up 62% from FY 2025). Profit margin: 13% (up from 9.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Water Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Feb 12
Severn Trent PLC, Annual General Meeting, Jul 09, 2026 Severn Trent PLC, Annual General Meeting, Jul 09, 2026. Announcement • Feb 11
Severn Trent PLC to Report Fiscal Year 2026 Results on May 20, 2026 Severn Trent PLC announced that they will report fiscal year 2026 results on May 20, 2026 Announcement • Jun 10
Severn Trent PLC, Annual General Meeting, Jul 10, 2025 Severn Trent PLC, Annual General Meeting, Jul 10, 2025. Location: the severn trent academy, hawksley park, st martins road, finham, coventry, cv3 6pr, United Kingdom Announcement • Feb 04
Severn Trent plc Announces Board and Committee Changes The Board of Severn Trent Plc announced that Kevin Beeston, Senior Independent Non-Executive Director and member of the Audit and Risk, Nominations, Remuneration and Treasury Committees, will retire from the Board on 30 April 2025 having served on the Board for nine years. The Board of Severn Trent Plc also announced that Nicholas ('Nick') Hampton has been appointed as a Non-Executive Director of the Company with effect from 4 April 2025. Nick has been appointed as a member of the Audit and Risk, Nominations, Remuneration and Treasury Committees. Nick will succeed Kevin Beeston as Senior Independent Director on 1 May 2025. Nick has also been appointed to the Board of Severn Trent Water Limited. Nick is currently Chief Executive Officer of Tate & Lyle Plc, a position to which he was appointed in 2018 having served as Chief Financial Officer since 2014. Prior to joining Tate & Lyle Plc, Nick held a number of senior financial, commercial and operational roles at PepsiCo Inc., covering the UK and Ireland, Europe, Africa and the Middle East. Nick brings to the Board extensive experience in general management, finance, investor relations, strategy and M&A, information systems and procurement. Nick also has significant Non-Executive experience and he is currently Senior Independent Director of Great Portland Estates Plc, where he has served on the Board since October 2016. Recent Insider Transactions • Oct 20
CFO & Executive Director recently sold €599k worth of stock On the 16th of October, Helen Miles sold around 18k shares on-market at roughly €32.44 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Helen's only on-market trade for the last 12 months. Board Change • Jun 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Sarah Catherine Legg was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 25
Severn Trent PLC Proposes a Final Ordinary Dividend for the Year 2023/24, Payable on 17 July 2024 The Board of Severn Trent PLC proposed a final ordinary dividend of 70.10 pence for 2023/24 (2022/23: 64.09 pence). This gives a total ordinary dividend for the year of 116.84 pence (2022/23: 106.82 pence). The final ordinary dividend is payable on 17 July 2024 to shareholders on the register at 31 May 2024. Declared Dividend • May 24
Final dividend of UK£0.70 announced Shareholders will receive a dividend of UK£0.70. Ex-date: 30th May 2024 Payment date: 17th July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (169% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 88% to bring the payout ratio under control. EPS is expected to grow by 80% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • May 24
Severn Trent PLC to Report Fiscal Year 2024 Results on May 22, 2024 Severn Trent PLC announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on May 22, 2024 Reported Earnings • May 23
Full year 2024 earnings released: EPS: UK£0.51 (vs UK£0.53 in FY 2023) Full year 2024 results: EPS: UK£0.51. Revenue: UK£2.34b (up 8.0% from FY 2023). Net income: UK£140.2m (up 6.1% from FY 2023). Profit margin: 6.0% (down from 6.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry. Announcement • May 23
Severn Trent PLC to Report First Half, 2025 Results on Nov 20, 2024 Severn Trent PLC announced that they will report first half, 2025 results on Nov 20, 2024 Announcement • May 17
Severn Trent plc Announces Termination of Gillian Veronica Sheldon as Director Severn Trent PLC announced termination of Mrs. Gillian Veronica Sheldon as Director. Date of termination is May 14, 2024. Board Change • May 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Richard Taylor was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 20
Severn Trent PLC Announces Executive Changes Severn Trent PLC announced that Richard Taylor has been appointed as a Non-Executive Director with effect from 1 April 2024. Richard has also been appointed as a member of the Treasury, Remuneration, Audit and Risk and Nominations Committees. Richard will succeed Gillian Sheldon as Chair of the Treasury Committee upon her retirement from the Board on 14 May 2024 in order to focus on her executive commitments, following her appointment as Managing Director and Vice-Chair of the UK investment banking division at Morgan Stanley. Richard has also been appointed to the Board of Severn Trent Water Limited. Richard brings extensive financial experience to the Company gained through his career in investment banking. He is currently Chair of Greenhill & Co International. Greenhill is an investment bank focused on providing financial advice globally on significant mergers and acquisitions, restructuring, financing and capital advisory to companies and other organisations. Greenhill was acquired by, and became part of, Mizuho Financial Group in 2023. Prior to joining Greenhill in 2020, Richard was Chairman of Global Corporate and Investment Banking at Barclays Plc, where he had been since 2011. Prior to joining Barclays, Richard spent nearly 11 years at Bank of America Merrill Lynch, where he was Head of UK and Ireland Corporate and Investment Banking. Richard brings experience of organizations with strong social purpose, in particular through his roles as Trustee of Teach First and Board member of The Sutton Trust. Richard holds an engineering degree and is a Fellow of the Institute of Chartered Accountants of England and Wales. Announcement • Dec 01
Severn Trent plc Announces Resignation of Gillian Sheldon as Non-Executive Director The Board of Severn Trent Plc (the 'Company') announces that Gillian Sheldon, Non-Executive Director, has informed the Board of her intention to step down as Non-Executive Director of the Company at the forthcoming AGM in July 2024, in order to focus on her executive commitments, having recently been appointed Managing Director and Vice-Chair of the UK investment banking division at Morgan Stanley. Gillian Sheldon is a Non-Executive Director of the Company, Chair of the Treasury Committee, and member of the Audit and Risk Committee, Nominations Committee and Remuneration Committee. To ensure a smooth transition, Gillian will remain as Non-Executive Director while the selection process for a replacement Non-Executive Director is underway. Reported Earnings • Nov 24
First half 2024 earnings released: EPS: UK£0.20 (vs UK£0.31 in 1H 2023) First half 2024 results: EPS: UK£0.20 (down from UK£0.31 in 1H 2023). Revenue: UK£1.17b (up 9.7% from 1H 2023). Net income: UK£51.6m (down 35% from 1H 2023). Profit margin: 4.4% (down from 7.4% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year. Announcement • Nov 23
Severn Trent PLC, Annual General Meeting, Jul 11, 2024 Severn Trent PLC, Annual General Meeting, Jul 11, 2024. Announcement • Nov 22
Severn Trent PLC Declares Interim Ordinary Dividend, Payable on 10 January 2024 and Provides Dividend Guidance for the Year 2023/24 Severn Trent PLC declared an interim ordinary dividend of 46.74 pence per share (2022/23: 42.73 pence per share), which will be paid on 10 January 2024 to shareholders on the register at 1 December 2023 and Ex-dividend date (Interim) of 30 November 2023.The company's 2023/24 dividend of 116.84 pence against 106.82 pence per share, in line with the company's policy of annual growth by CPIH. New Risk • Oct 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 203% Dividend per share is over 33x cash flows per share. Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Buying Opportunity • Oct 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.9%. The fair value is estimated to be €33.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings is also forecast to grow by 30% per annum over the same time period. Announcement • Oct 01
Severn Trent PLC has completed a Follow-on Equity Offering in the amount of £1 billion. Severn Trent PLC has completed a Follow-on Equity Offering in the amount of £1 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,922,277
Price\Range: £21.5
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 320,750
Price\Range: £21.5
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,268,601
Price\Range: £21.5
Transaction Features: Regulation S New Risk • Oct 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 203% Dividend per share is over 33x cash flows per share. Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). New Risk • Jun 24
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 203% Dividend per share is over 28x cash flows per share. Minor Risk Significant insider selling over the past 3 months (€1.3m sold). Recent Insider Transactions • Jun 23
CFO & Executive Director recently sold €1.3m worth of stock On the 19th of June, James Bowling sold around 40k shares on-market at roughly €31.73 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months. Announcement • Jun 09
Severn Trent PLC Announces Board Changes The board of Severn Trent Plc announced that John Coghlan, Independent Non-Executive Director, member of the Nominations and Treasury Committees, and Chair of the Audit and Risk Committee, will retire from the Board on 31 December 2023. John has served on the board for nine years and has agreed to remain on the Board for a short period to facilitate the orderly transition of his role as Chair of the Audit and Risk Committee to his successor. John will be succeeded as Chair of the Audit and Risk Committee by Sarah Legg who joined the Board as an Independent Non-Executive Director on 1 November 2022 and who has been a member of the Nominations, Audit and Risk, Treasury, and Corporate Sustainability Committees since her appointment. Announcement • May 25
Severn Trent PLC Proposes Final Dividend for the Year Ended 31 March 2023, Payable on 14 July 2023 The Board of Severn Trent PLC has proposed a final ordinary dividend of 64.09 pence per share for the year ended 31 March 2023 (2021/22: 61.28 pence per share). This gives a total ordinary dividend for the year of 106.82 pence (2021/22: 102.14 pence). The final ordinary dividend is payable on 14 July 2023 to shareholders on the register at 2 June 2023. Reported Earnings • May 25
Full year 2023 earnings released: EPS: UK£0.53 (vs UK£0.35 loss in FY 2022) Full year 2023 results: EPS: UK£0.53 (up from UK£0.35 loss in FY 2022). Revenue: UK£2.17b (up 11% from FY 2022). Net income: UK£132.2m (up UK£219.4m from FY 2022). Profit margin: 6.1% (up from net loss in FY 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • May 01
High number of new directors CFO & Executive Director Helen Miles was the last director to join the board, commencing their role in 2023. Recent Insider Transactions • Jan 16
Insider recently sold €113k worth of stock On the 13th of January, Helen Miles sold around 4k shares on-market at roughly €31.13 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €43k more than they sold in the last 12 months. Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Sarah Catherine Legg was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 23
First half 2023 earnings released: EPS: UK£0.31 (vs UK£0.73 loss in 1H 2022) First half 2023 results: EPS: UK£0.31 (up from UK£0.73 loss in 1H 2022). Revenue: UK£1.06b (up 10% from 1H 2022). Net income: UK£78.8m (up UK£258.8m from 1H 2022). Profit margin: 7.4% (up from net loss in 1H 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Nov 23
Severn Trent Plc to Report Fiscal Year 2023 Results on May 24, 2023 Severn Trent Plc announced that they will report fiscal year 2023 results on May 24, 2023 Announcement • Nov 22
Severn Trent Plc Declares an Interim Ordinary Dividend for the Six Months Ended 30 September 2022, Payable on 11 January 2023 The board of Severn Trent Plc has declared an interim ordinary dividend for the six months ended 30 September 2022 of 42.73 pence per share (2021/22: 40.86 pence per share), which will be paid on 11 January 2023 to shareholders on the register at 2 December 2022. Ex-dividend date is 1 December 2022. Announcement • Nov 12
Severn Trent Plc, Annual General Meeting, Jul 06, 2023 Severn Trent Plc, Annual General Meeting, Jul 06, 2023. Announcement • Nov 02
Severn Trent plc and Severn Trent Water Limited Appoints Sarah Legg as Non-Executive Director and Member of Committees Lloyds Banking Group plc announced that Sarah Legg, an independent Non-Executive Director of the Group, has been appointed as a Non-Executive Director ofSevern Trent Plc and Severn Trent Water Limited and as a member of Severn Trent's Nominations, Audit and Risk, Treasury, and Corporate Sustainability Committees with effect from 1 November 2022. Announcement • Nov 01
Severn Trent Plc Appoints Sarah Legg as A Member of the Nominations, Audit and Risk, Treasury and Corporate Sustainability Committees The Board of Severn Trent Plc announced that Sarah Legg has been appointed as an Independent Non-Executive Director of the Company and of Severn Trent Water Limited with effect from 1 November 2022. Sarah has been appointed as a member of the Nominations, Audit and Risk, Treasury and Corporate Sustainability Committees. She brings extensive corporate finance and significant audit and risk experience gained in the financial services sector to the Company. She is currently an Independent Non-Executive Director at Lloyds Banking Group plc, Chair of its Audit Committee and a member of its Risk and Responsible Business Committees. Sarah has spent her entire career in financial services with HSBC in finance leadership roles. She was the Group Financial Controller, a Group General Manager, and also Chief Financial Officer for HSBC's Asia Pacific region. She also spent eight years as a Non-Executive Director on the board of Hang Seng Bank Limited, a Hong Kong listed bank. Sarah is also Chair of the Campaign Advisory Board, Member of the Development Committee, King's College, Cambridge University, Board Member of the Audit Committee Chairs' Independent Forum and Trustee of the Lloyds Bank Foundation for England and Wales. Announcement • Sep 14
Severn Trent plc Announces Company Secretary and General Counsel Change, Effective 2 December 2022 The Board of Severn Trent Plc announces that Bronagh Kennedy will retire as Group General Counsel and Company Secretary on 2 December 2022, having served the Company for nearly 12 years. Effective 2 December 2022, the role of General Counsel and Company Secretary for both Severn Trent Plc and Severn Trent Water Limited will be split into two roles - the Group General Counsel and the Group Company Secretary. Didar Dhillon will be appointed as the Company's new General Counsel for both Severn Trent Plc and Severn Trent Water Limited with effect from 2 December 2022. Didar joins Severn Trent from Pinsent Masons LLP, where he is a Partner and leads their Birmingham Projects and Local Government Practices. Didar specialises in the energy and infrastructure sectors acting for local authorities, government departments and private sector organizations across England and Wales. He has closed over 40 major projects and has latterly focused on the delivery of the Net Zero Agenda through innovative smart cities, community energy and E-mobility schemes. Hannah Woodall-Pagan will be appointed as the Company's new Group Company Secretary for both Severn Trent Plc and Severn Trent Water Limited with effect from 2 December 2022 following the retirement of Bronagh. Hannah is a Chartered Company Secretary and is a Fellow of the Chartered Governance Institute. She has substantial corporate governance and listed company experience, gained in a number of senior leadership roles spanning the FTSE100 and FTSE250. Hannahjoined the Group in 2015 from Mitchells & Butlers Plc, where she spent five years in a variety of roles of increasing responsibility within the company secretarial, governance and risk functions. Announcement • Aug 09
Severn Trent Plc Board and Board Committee Member Changes The Board of Severn Trent Plc announced that Philip Remnant, Independent Non-Executive Director, member of the Nominations, Audit and Risk and Treasury Committees, and Chair of the Remuneration Committee, will retire from the Board on 30 November 2022, after serving nearly nine years. Philip will be succeeded as Chair of the Remuneration Committee by Sharmila Nebhrajani who joined the Board as an Independent Non-Executive Director on 1 May 2020 and who has been a member of the Remuneration Committee since 16 September 2021. Philip Remnant will step down as a member of the Audit and Risk and Treasury Committees on 1 September 2022. Sharmila will also step down as a member of the Audit and Risk Committee on 1 September 2022 and become Chair of the Remuneration Committee on 30 November 2022. She will remain a member of the Corporate Sustainability and Nominations Committees. Additionally, the Board also announced the appointment of Gillian Sheldon as a member of the Remuneration Committee with effect from 1 September 2022 and as Chair of the Treasury Committee with effect from 1 November 2022. Gillian joined the Board on 1 November 2021 as an Independent Non-Executive Director and is a member of the Audit and Risk, Treasury and Nominations Committees. Reported Earnings • May 27
Full year 2022 earnings released: UK£0.35 loss per share (vs UK£0.89 profit in FY 2021) Full year 2022 results: UK£0.35 loss per share (down from UK£0.89 profit in FY 2021). Revenue: UK£1.95b (up 6.6% from FY 2021). Net loss: UK£87.2m (down 141% from profit in FY 2021). Over the next year, revenue is forecast to grow 9.6%, compared to a 4.6% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Feb 14
Board Member recently bought €59k worth of stock On the 8th of February, Kevin Beeston bought around 2k shares on-market at roughly €33.26 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions • Feb 10
Board Member recently bought €59k worth of stock On the 8th of February, Kevin Beeston bought around 2k shares on-market at roughly €33.26 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 24
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: UK£0.73 loss per share (down from UK£0.43 profit in 1H 2021). Revenue: UK£964.2m (up 8.6% from 1H 2021). Net loss: UK£180.0m (down 277% from profit in 1H 2021). Revenue missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 3.9%, compared to a 5.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Executive Departure • Jul 15
Independent Non-Executive Director Dominique J. Reiniche has left the company On the 8th of July, Dominique J. Reiniche's tenure as Independent Non-Executive Director ended after 5.0 years in the role. As of March 2021, Dominique J. still personally held only 400.00 shares (€11k worth at the time). Dominique J. is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.58 years. Reported Earnings • Jun 08
Full year 2021 earnings released: EPS UK£0.89 (vs UK£0.67 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£1.83b (down 1.3% from FY 2020). Net income: UK£212.2m (up 34% from FY 2020). Profit margin: 12% (up from 8.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • May 21
Severn Trent Plc has completed a Follow-on Equity Offering in the amount of £243.032784 million. Severn Trent Plc has completed a Follow-on Equity Offering in the amount of £243.032784 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,126,366
Price\Range: £24
Transaction Features: Regulation S; Rule 144A; Subsequent Direct Listing Reported Earnings • May 20
Full year 2021 earnings released: EPS UK£0.89 (vs UK£0.67 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£1.83b (down 1.3% from FY 2020). Net income: UK£212.2m (up 34% from FY 2020). Profit margin: 12% (up from 8.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • May 19
Severn Trent plc Proposes Final Ordinary Dividend for the Year Ended March 31, 2021, Payable on 16 July 2021 Severn Trent Plc proposed final dividend of 60.95 pence for 2020/21 (2019/20: 60.05 pence per share). This gives a total ordinary dividend for the year of 101.58 pence (2018/19: 100.08 pence). The final ordinary dividend is payable on 16 July 2021 to shareholders on the register at 28 May 2021. Announcement • Mar 21
Severn Trent Plc Announces Dominique Reiniche to Resign as Non-Executive Director The Board of Severn Trent Plc has been informed by Dominique Reiniche, Non-Executive Director, of her intention to retire from the Board with effect from the conclusion of the Annual General Meeting on 8 July 2021. Dominique Reiniche has been a Non-Executive Director of the Company for almost five years. Is New 90 Day High Low • Mar 05
New 90-day low: €24.80 The company is down 5.0% from its price of €26.10 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.39 per share. Is New 90 Day High Low • Dec 30
New 90-day low: €24.93 The company is down 7.0% from its price of €26.88 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.13 per share. Is New 90 Day High Low • Dec 07
New 90-day low: €25.50 The company is down 5.0% from its price of €26.85 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.14 per share. Reported Earnings • Nov 27
First half 2021 earnings released: EPS UK£0.43 The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: UK£887.6m (down 3.1% from 1H 2020). Net income: UK£101.7m (down 31% from 1H 2020). Profit margin: 12% (down from 16% in 1H 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Nov 27
Revenue misses expectations Revenue missed analyst estimates by 2.8%. Over the next year, revenue is expected to shrink by 1.4% compared to a 8.8% growth forecast for the Water Utilities industry in Germany. Is New 90 Day High Low • Nov 13
New 90-day high: €28.32 The company is up 1.0% from its price of €28.10 on 14 August 2020. The German market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Water Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.22 per share.