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Thames Water returns to profit after raising bills, despite £20 billion debt
Thames Water, the UK's largest water company, reported a post-tax profit for the 12 months to the end of March, a significant turnaround from previous losses, achieved after raising bills. The company's net debt, however, swelled to £20 billion.
15 Jul, 06:44 — 15 Jul, 07:35
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Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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The Independent
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BBCHigh25d ago
Thames Water returns to profit after raising bills
The UK's largest water company reported a post-tax profit for the 12 months to the end of March, but its net debt also swelled.
Read full article →The IndependentMostly Factual25d ago
Thames Water swings to profit but debt mountain swells to £20bn
The debt-laden supplier reported annual pre-tax profits of £226.4 million against losses of £1.65 billion the previous year.
By Holly Williams
Read full article →Coverage Timeline
First report: The Independent · 15 Jul, 06:44|Full coverage: 2 · 51m|Window: 51m
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