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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 2,475 GBX | -0.44% |
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+5.18% | -4.03% |
| Apr. 17 | The market is pinning its hopes on earnings reports |  |
| Apr. 17 | Bernstein Upgrades Severn Trent to Outperform from Market Perform, Lifts PT | MT |
(Reuters) - British water utility Severn Trent Plc said on Tuesday it expected to save about 670 million pounds in total expenditure between April 2015 and March 2020, as it locked in further efficiencies.
The company, which supplies water across the UK's Midlands, said the savings are about 260 million pounds ahead of the expenditure target imposed by the British regulator.
Severn Trent said its underlying pretax profit for the year to March 31 fell 3.2 percent to 523 million pounds, hurt by a decrease in regulated prices.
(Reporting by Mamidipudi Soumithri in Bengaluru; Editing by Sunil Nair)
| 1st Jan change | Capi. | |
|---|---|---|
| -4.03% | 9.17B | |
| +10.26% | 10.9B | |
| -2.89% | 9.82B | |
| -1.60% | 8.8B | |
| +25.83% | 2.95B | |
| +5.20% | 2.92B | |
| -10.87% | 2.62B | |
| -12.71% | 2.57B | |
| -11.58% | 2.34B | |
| -3.90% | 1.66B |
SEVERN TRENT PLC 
