Water and waste water management company Severn Trent PLC (LON:SVT) remains on course for an in-line performance this year.
As well as echoing the full-year guidance given back in November the group also reaffirmed that at least £50mln in customer outcome delivery incentive (ODI) payments are expected to be earned in the current financial year, which runs to the end of March.
“We have generated sector-leading out-performance payments on key customer ODIs and continue to do well year-to-date,” Severn said in a trading statement.
The shares were up 1.9% at 1,850p in the first half-hour of trading.