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Severn Trent Group has announced that its turnover stood at £1.77bn for the year ended 31 March 2012, an increase of 3.5 per cent on the previous year, but suffered a significant fall in group profit before tax.

 

Pennon Group PLC, owners of South West Water, has announced an increase of 9.8 per cent in profit before tax for the water company in their financial results year ended 31 March 2012.

 

Engineering group Atkins is currently delivering the UK’s biggest ever temporary water supply project in time for the London 2012 Olympic and Paralympic Games while using new standards for the first time.

 

Martin Baggs, Chief Executive of Thames Water has said that “a national water grid is not going to happen in my lifetime” when he appeared as the keynote speaker at the Institute of Water annual conference in London yesterday.

Southwark Council and local community group Save Your Riverside have expressed their disappointment and anger at yesterday’s confirmation by Thames Water that it will use Chambers Wharf as one of the key construction sites for the proposed Thames Tunnel.

For the third year running Northumbrian Water has come first in the British Water’s annual Water Company Performance survey based on rankings from supply chain stakeholders.

Dutch engineering group Grontmij has sold Trett Consulting, which specialises in dispute resolution and contractual advice, to construction consultant Driver Group for £3m.

Carillion plc said that trading in the period 1 January to 2 May 2012 was in line with expectations with the publication of its latest Interim Management Statement at the firm’s Annual General Meeting today.

The Board of engineering and construction group Costain has said it remains committed to delivering its ambition of doubling profits in the medium term with the publication today of its latest Interim Management Statement for the period from 1 January 2012 to date. Costain's order book currently stands at £2.4 billion.

Galliford Try plc, the housebuilding and construction group, said that recent wins in water have reinforced its number one position in the sector. However, it described the construction market as remaining difficult with the publication of its interim management statement for the period 1 January to 8 May 2012.

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