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SOUTH STAFFORDSHIRE PLC NEWS ARTICLE

8/06/09 - Group Results for the Year Ended 31 March 2009

Highlights:

  • • Turnover increased by 5.3% to £145.6m in difficult trading conditions, with growth of 2.6% in the regulated water business and 8.5% in the non-regulated businesses.
  • • High levels of service and efficiency maintained.
  • • Final Business Plan for period 2010-2015 submitted to Ofwat.
  • • Continued growth in closely related non-regulated businesses.
  • • Significant new contracts secured in Echo and Integrated Water Services.
2009 2008
Turnover £145.6m £138.3m
Operating Profit (before goodwill) £31.5m £29.1m
Profit Before Tax £20.5m £22.8m
Operating Cash Flow £50.0m £45.7m 
Average Number of Employees 1,611 1,416 

View the full Annual Report of the year.

For further information please contact Adrian Page (Group Finance Director) on 01922 618001.

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