United Utilities Group PLC provided earnings guidance for the full year 2022/23. For the year, the company expects revenue to be 1% lower than 2021/22, largely reflecting the November 2021 CPIH inflation of 4.6%, offset by the regulatory revenue reduction of 1.3% and under-recovery in the current year due to lower than expected consumption. A £34 million expected impact from lower consumption will be recovered through increased revenue in Fiscal year 2025.
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- United Utilities Group plc Provides Revenue Guidance for the Full Year 2022/23