Severn Trent Plc says it is confident of delivering at least £50 million of total performance incentives this year, according to its latest trading update for the period to 8 July 2026 published today.
Following a strong start to the financial year 2026-27, the utility says it continues to build on this momentum with operational and financial performance in line with expectations, commenting:
“We remain confident of delivering at least £50 million of total performance incentives this year via a combination of Outcome Delivery Incentives (ODIs) and Price Control Deliverables (PCDs) combined.”
Severn Trent’s capital programme continues to be delivered at pace, with around £440 million invested in the first quarter of the year, up 22% year-on-year – the company is on track to deliver between £2.2 billion - £2.5 billion of capital expenditure in 2026-27.
On 17 June the Group completed the refinancing of its core bank facilities, increasing committed facilities to £1.65 billion across Severn Trent Water and Severn Trent Plc, underpinning liquidity, reflecting the strength of its position in the debt financing markets.
Severn Trent Plc will announce its interim results for FY27 on 18 November 2026.
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