- Growth in reported operating profit
- Opex to outstrip inflation
From a PR perspective, it has been a disastrous week for United Utilities (UU.). The BBC recently revealed that the water company failed to stop the overflow of sewage into Windermere, England’s largest lake, for 10 hours in February. While these incidents don’t always send the share price downward, the optics aren’t great given the company’s numerous claims to environmental responsibility.