RebeccaSD published Severn Trent Water reports fall in pre-tax profits

The firm which supplies most of Nottinghamshire with water has reported a 53.5 per cent drop in its pre-tax profits. Severn Trent Water's latest financial results shows the business made a pre-tax profit of £148.2 million this year, compared to £318.9 million in 2014. The water and sewerage service company's turnover was "stronger than expected", increasing 2.5 per cent from a year earlier to £1.8 billion. Sarah Bentley, director at Severn Trent Water, said:...