Severn Trent PLC (STU:SVT1)
€ 32.2 0.2 (0.63%) Market Cap: 9.80 Bil Enterprise Value: 19.15 Bil PE Ratio: 35.13 PB Ratio: 4.50 GF Score: 77/100

Severn Trent PLC to Discuss PR24 Draft Methodology Transcript

Jul 12, 2022 / 03:00PM GMT
Release Date Price: €33 (+1.85%)
Olivia R. Garfield
Severn Trent Plc - CEO & Executive Director

Good afternoon, everyone. I'm Liv Garfield, Chief Executive of Severn Trent. I'm joined by James Bowling, our Chief Financial Officer; and Shane Anderson, our Director of Strat and Regulation.

And I hope you can all hear us, and hopefully, you can also see the slides on screen.

Now if anyone is dialed in on audio only, that a PDF of the presentation is also now available on the website.

So the last few days, we've been eagerly digesting all 1,454 pages and 151 data tables of the draft methodology since it was released last Thursday morning. Now, you might not all be quite as keen as we are, so we thought it might be worthwhile having a quick phone call today to share both our key takeaways, but also the opportunity at the end for some questions and answers as well.

So let me start with a bit of a summary as to how we take it. So overall, it's certainly an evolution of PR19 rather than a revolution, but it is a complicated methodology that is going to take a lot of detailed reading to really get to

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