A rise in costs saw profits slashed at United Utilities during its latest financial year.
The Warrington-headquartered provider has posted pre-tax profits of £256.3m for the 12 months to the end of March 2023, down from the £439.9m it reported for the same period in the prior year.
United Utilities said the fall was driven by lower revenue and the inflationary impact on operating costs, in particular procurement of electricity and chemicals.
