Report
Andrew Bischof, CFA
EUR 98.48 For Business Accounts Only

United Utilities on Track to Meet Full-Year Expectations

We are reaffirming our GBX 850 per share fair value estimate, narrow economic moat, and stable moat trend ratings after United Utilities Group affirmed that company results were in line with management's expectations for the first nine months ending Dec. 31, 2017. Detailed full-year results for the fiscal-year ending March 31, 2017, will be released on May 25, 2017. The company is on track to raise the annual dividend at least in line with U.K. retail price inflation.
Management notes slight ope...
Underlying
United Utilities Group PLC

United Utilities Group is a water company. Through its subsidiary, United Utilities Water Limited, Co. provides water and wastewater services to peoples in the North West of England.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof, CFA

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