Cost control pays off at South West

June 2008
Utility Week;6/13/2008, Vol. 29 Issue 8, p38
Trade Publication
The article reports on the increase in the operating profit of South West Water in March 2008. According to South West Water chief executive Chris Loughlin, the company's increased profit, on sales up 10.5 percent to £421 million, showed that the company had control of its cost base. Loughlin said the cost of the company's debt averaged 4.5 percent, possibly the lowest in the sector.


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