Severn Trent Plc Reaffirms Trading Guidance for the Fiscal Year 2020-2021
July 15, 2020 at 02:00 am EDT
Severn Trent Plc reaffirmed trading guidance for the fiscal year 2020-2021. Overall, the first quarter of the financial year has been in line with the company's expectations, and the Board continues to expect that the Group will deliver full-year trading performance consistent with prior guidance. The company has not yet seen evidence that would change the company's initial estimates for the impact of COVID-19. The company continue to guide a £50 - £85 million negative impact to 2020/2021 revenue.