Report
Andrew Bischof, CFA
EUR 147.86 For Business Accounts Only

United Utilities Reports Solid First-Half Results

We are reaffirming our GBX 850 per share fair value estimate ($21 per ADR share), along with our narrow economic moat and stable moat trend ratings for United Utilities Group after management reported first-half operating profit of GBP 304 million compared with GBP 278 million in the same year-ago period. The company increased the interim dividend per ordinary share 1.1%, in line with management's goal of increasing the dividend in line with the U.K. retail price index.
Management continues to ...
Underlying
United Utilities Group PLC

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

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch