Underlying earnings are presented to provide a more useful comparison on business trends and performance. Non-underlying items are adjusted for by virtue of their size, nature or incidence to enable a full understanding of the Group's financial performance
Underlying operating profit and PBT up +13.7% and +19.9% respectively following higher revenues and cost savings at South West Water and growth at Viridor driven by the Energy Recovery Facilities (ERFs) and recycling 'self-help' initiatives, net of an expected decline in landfill activities
Return on Regulated Equity at 11.7%, unique WaterShare mechanism benefiting customers
Sustainable, low cost funding position underpinning continuing capital investment
Interim dividend per share +6.0% to 11.09p
On track to meet management expectations for the full year 2016/17
