Thames Water returns to profit as debt rises and funding runs through Q4 2026
Thames Water has reported a full-year post-tax profit after increasing customer bills by 40% last year. The company said it made £113m in the 12 months to the end of March, reversing a £1.51bn post-tax loss in the previous year. It also said it has enough debt funding to keep operating through to the fourth quarter of 2026.The utility's net debt rose to £18.5bn from £16.8bn over the same period. Thames Water said it had continued to fund the business through debt and internally generated cash flows. Chief executive Chris Weston said the company had made progress in turning itself... [Continue Reading]
360LiveNews | 15 Jul 2026 08:00 LONDON
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