May 20, 2026, 3:07 AMproactiveinvestors.co.ukSTRNY
Severn Trent upgrades earnings outlook after investing £1.9bn in infrastructure
Financial reports
Severn Trent PLC (LSE:SVT), the FTSE 100 water utility, has upgraded its 2028 adjusted earnings per share outlook to at least 250p, up from a previous target of 224p, after delivering what chief executive James Jesic called another year of exceptional growth. The company invested £1.9 billion in the year to March 2026, increasing its capital spending by more than 60% over two years and driving a 13% increase in its regulatory asset base to £15.4 billion.