Thames Water Utilities Limited 2025 AR2
The report outlines Thames Water's performance and financial position for the fiscal year ended March 31, 2025. During the year, the company faced significant financial challenges, with gearing reaching 84.4% and credit ratings downgraded to sub-investment grade, leading to a unanimous decision to refer Ofwat's Final Determination to the CMA. Despite these challenges, the company achieved strong underlying revenue growth of 8.7% to £2.7 billion and reduced supply interruptions by over 40%. Additionally, the company successfully connected all sites of the London Tideway Tunnel network and continued to progress its turnaround plan.
Company: Thames Water Utilities Limited
Sector: Water & waste services
Country: United Kingdom
Year: 2025
Type: AR2
Pages: 177
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Thames Water Utilities Limited
Annual Report
The report outlines Thames Water's performance and financial position for the fiscal year ended March 31, 2025. During the year, the company faced significant financial challenges, with gearing reaching 84.4% and credit ratings downgraded to sub-investment grade, leading to a unanimous decision to refer Ofwat's Final Determination to the CMA. Despite these challenges, the company achieved strong underlying revenue growth of 8.7% to £2.7 billion and reduced supply interruptions by over 40%. Additionally, the company successfully connected all sites of the London Tideway Tunnel network and continued to progress its turnaround plan.
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Document Details
Report Year
2025
Reporting Period
Apr 1, 2024 - Mar 31, 2025
Fiscal Year
2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees