BNET Industries

Market Cap:$19.9M
Last Fiscal Year Sales:$2.9B
  • Public
  • UK
Dow Jones Description

Severn Trent was formed in 1974 as a regional, state-owned water authority based in Birmingham and responsible for water management and supply, and waste water treatment and disposal, in the catchment areas of two of Britain's greatest rivers - the Severn and the Trent. It was from these rivers that it took its name. In the 18th century, responsibility for water supply and waste water treatment was shared between local Government and private companies. Suppliers of water treatment and waste water disposal each had different powers, charges and resources for investing in pipes (many of which were made of stone or even wood). The 19th century saw the proper organisation of local Government. As a result, many boroughs acquired powers to purchase their local water company. Nonetheless, the variety of different suppliers for water supply and sewage treatment created inefficiencies throughout the industry. By 1973, 29 river authorities covered England and Wales with 160 water supply undertakings and no less than 1,300 sewage treatment authorities. There was serious lack of investment in the distribution infrastructure and smaller undertakings did not lend themselves to economies of scale. The Water Act of 1973 brought together the many water and sewerage undertakings in England and Wales into ten water authorities, each responsible for water supply, sewage treatment and river protection within its area. ...

Number of Employees 8,707
Contact Information

2297 Coventry Road

Birmingham B26 3PU

www.severntrent...

(44) 121 722 4000

NAICS Code Water Supply and Irrigation Systems: 221310

Recent Events

  • Glance-FTSE up 1pct; miners and oils rally on weak dollar

    9/22/09 - Bond / Stock Rating - View Story

  • Severn Trent profits reduced to a trickle

    5/29/09 - Stock Split / Dividend - View Story

  • UPDATE 2-Severn Trent FY in line, decline stabilising

    5/29/09 - Financial Announcement - View Story

News & Analysis

severn trent plc. - All News and Analysis

  • SPOUT OF ORDER

    - 2009-02-22

    BRITAIN'S biggest water firms are set to make more than pounds 1billion this year - on the back of inflation busting bill rises. The record-breaking profits will be announced in the summer by United Utilities, Severn Trent, Northumbrian and South West Water, which between them have nearly...

    Tags: Severn Trent Plc., United Utilities Plc.

  • New chief cheers up Friends Provident

    - 2009-01-28

    Investment Column Our view: Hold Share price: 81.5p (+ 8.1p) They waited a long time for him, but Trevor Matthews seems to be doing the business at Friends Provident. The Australian chief executive's garden got a six-month overhaul before his notice period with...

    Tags: Balfour Beatty Plc., Friends Provident Plc., Severn Trent Plc.

  • Splash out on defensive Severn Trent

    - 2008-11-26

    Investment Column Our view: Buy Share price: 1,222p (+18p) It has not been the easiest of years for Severn Trent, the UK's second biggest water group. In July, it got clobbered with a 35.8m fine from the industry regulator, Ofwat, for telling the...

    Tags: Severn Trent Plc.

  • Kazakhmys 1305 -34 -2.54 Severn Trent 1375 -30 -2.14 [Derived

    - 2008-08-29

    Kazakhmys__1305__-34__-2.54 Severn Trent__1375__-30__-2.14 Euras Nat Res__1021__-22__-2.11 Cairn Energy__2857__-54__-1.86 Petrofac__621__-8.5__-1.35 Imperial Tob__1788__-24__-1.32 Vedanta__1829__-24__-1.30 Brit Energy__717__-9__-1.24 Xstrata__3046__-30__-0.98 BP__522.25__-3.5__-0.67

    Tags: Severn Trent Plc.

  • Severn braced for rise in bad debts

    - 2008-07-23

    SEVERN TRENT warned yesterday that Britons would find it increasingly hard to pay their water bills as the credit crunch heaps pressure on consumers. The Midlands-based water company said that the state of the economy had driven it to monitor "our customer debt and cash collection performance". It...

    Tags: Severn Trent Plc.

  • Severn Trent Water is fined Pounds 2m over false leakage data

    - 2008-07-02

    Business News IN BRIEF *Severn Trent Water escaped with a lower-than-expected fine of 2m after it pleaded guilty at the Old Bailey to lying about leakage information for two years. After an investigat-ion by the Serious Fraud Office SFO, Britain's second-biggest water company admitted that it falsely reported...

    Tags: Severn Trent Plc.

  • Severn Trent blames scandal for 41 per cent fall in annual profits

    - 2008-06-06

    Business News IN BRIEF *Severn Trent unveiled a 41 per cent fall in profits that it blamed mainly on the fallout of a scandal over false leakage data. The water company was fined almost 36m earlier this year for deliberately misleading regulators over its success in tackling leaks...

    Tags: Severn Trent Plc.

  • Court hears details of water firm's dishonesty

    - 2008-06-03

    Executives, current and former, at Severn Trent Water have been hastily distancing themselves from accusations of dishonesty, as sentencing on convictions for deliberate falsification of leak statistics was adjourned until next month. In precedent-setting proceedings at London's Old Bailey, a criminal court judge heard detailed accusations of "sophisticated...

    Tags: Severn Trent Plc.

  • Severn Trent to be sentenced

    - 2008-06-02

    Business News IN BRIEF *Severn Trent will be sentenced at the Old Bailey today for lying to the regulator about leakage data. The ruling, the result of a Serious Fraud Office case against the company, will kick off a week where the country's top water companies are expected...

    Tags: Severn Trent Plc.

  • UTILITIES Pounds 35m fine for Severn Trent

    - 2008-04-13

    Severn Trent Water is facing a 35.8m fine for deliberately providing false information to a regulator and offering a poor service to its customers. Ofwat, the regulator for the water industry, is fining the utility company 34.7m, or 2.9 per cent of total turnover, for giving false customer-service...

    Tags: Severn Trent Plc.

Decision Makers

Name (plus bio) Position
Tony Wray CEO
Rachel Brydon Jannetta President
John Smith Coo
Thomas M Mills Vice President of Marketing and Business Development
Martin Bettington Managing Director
Martin Houston Managing Director & Executive Vice President
Andy Smith Director, Water Services
Marisa Cassoni Finance Director
Martin Kane Director, Customer Relations
Michael McKeon Group Director, Finance
Peter Gavan Director, Corp Communications
Tony Ballance Director, Regulation & Competition
F. B. Smith General Counsel & Secretary
Jim Robinson Senior Executive
Julian Wais Head, Investor Relations
Kathy Hinton Secretary
Kerry Porritt Secretary

Board of Directors

Name (plus bio) Position
Baroness Noakes Chairman
Dr Bernard J Bulkin Chairman
John Egan Chairman
Richard Davey Chairman
Fiona Smith Board of Directors
Martin J. Lamb Board of Directors

Organization Position Status
Severn Trent Plc CEO Current
Severn Trent Plc Chairman Current
Severn Trent Plc Managing Director Former
Eircom, Ltd. Director of Networks Former
British Gas Former

Organization Position Status
Severn Trent Laboratories Limited - Coventry President & CEO Current
Severn Trent Plc President Current
Severn Trent Plc Board of Directors Former

Organization Position Status
Severn Trent Plc Coo Current
Severn Trent Plc Board of Directors Current

Organization Position Status
Severn Trent Plc Vice President of Marketing and Business Development Current

Organization Position Status
Severn Trent Plc Managing Director Current
Severn Trent Plc Board of Directors Current

Organization Position Status
BG Group Plc Executive Vice President Current
Severn Trent Plc Managing Director & Executive Vice President Current
Severn Trent Plc Board of Directors Current
British Gas Plc Executive Vice President Former
Severn Trent Plc non-executive director Former
The Bg Group Former

Organization Position Status
Severn Trent Plc Director, Water Services Current
Severn Trent Plc Board of Directors Current
Boots ' Group Hr Director Former
Boots ' Board Member Former

Organization Position Status
Severn Trent Plc Finance Director Current
John Lewis Partnership Finance Director Current
GFI Group Inc. Non-Executive Director Current
Peabody Trust Governor Current
WSP Group Plc Board of Directors Current
Amerex Energy Director Current
John Lewis Partnership Board of Directors Current
John Lewis Partnership plc Board of Directors Current
Wspsa Board of Directors Current
GFI Group Inc. Board of Directors Current
Royal Mail Group Ltd Director, Finance Former
Prudential Insurance Company of America Group Finance Director Former
John Lewis Partnership plc Group Finance Director Former
Prudential Insurance Company of America NA Former
John Lewis Partnership plc Guide Former
Severn Trent Plc Board of Directors Former

Organization Position Status
Severn Trent Plc Director, Customer Relations Current
Severn Trent Plc Board of Directors Current
Uk Water Industry Research Limited Board Member Current

Organization Position Status
Severn Trent Plc Group Director, Finance Current
Severn Trent Plc Board of Directors Current
Rolls-Royce plc Former

Organization Position Status
Severn Trent Plc Director, Corp Communications Current
Severn Trent Plc Director, Corp Communications Former

Organization Position Status
Severn Trent Plc Director, Regulation & Competition Current
Severn Trent Plc Board of Directors Current

Organization Position Status
Severn Trent Plc General Counsel & Secretary Current

Organization Position Status
English Women's Golf Association Chief Executive Officer Current
English Ladies' Golf Association Chief Executive Officer Current
Severn Trent Plc Senior Executive Current
English Ladies' Golf Association Board of Directors Current
Geese Theatre Company Board of Directors Current
English Ladies' Golf Association Chief Executive Former

Organization Position Status
Severn Trent Plc Head, Investor Relations Current

Organization Position Status
Severn Trent Plc Secretary Current
Severn Trent Plc Secretary Former

Organization Position Status
Severn Trent Plc Chairman Current

Organization Position Status
Vantagepoint Venture Partners Venture Partner and Senior Advisor Current
Energy Limited Commissioner Current
Vantagepoint Current
Severn Trent Plc Chairman Current
Aea Technology, Inc. Chairman Current
Ze-Gen Board of Directors Current
Vantagepoint Venture Partners Board of Directors Current
Governors Board of Directors Current
Standard Oil Chief Scientist Former
City University of New York Chief Scientist Former
Standard Oil Director of Manufacturing Former
University of York Honorary Professor Former
City University of New York Professor Former
Argonne National Laboratory Board of Governor Former
BP plc Former
Science Applications International Corporation Chairman Former
Purdue University PhD Former
Severn Trent Plc Board Member Former
Newhall & Company Fellow Former

Organization Position Status
The Owners Group Inc. Director of Governance Current
Criticaleye Associate Current
Severn Trent Plc Chairman Current
Inchcape PLC Board of Directors Current
Severn Trent Plc Board of Directors Current
BAA plc Chief Executive Former
Massey Ferguson Corp. Former
Inchcape PLC Chairman Former
MEPC Limited Chairman Former

Organization Position Status
Amlin Plc Executive Current
Severn Trent Plc Chairman Current
Yorkshire Building Society Board of Directors Former
Severn Trent Plc Vice Chairman Current
Severn Trent Plc Board of Directors Current
Amlin Plc Board of Directors Current
Yorkshire Building Society Non-Executive Vice Chairman Current
Amlin Plc Vice Chairman Current
International Data Group Managing Director Former
Independent Television Network consultant Former

Organization Position Status
Severn Trent Plc Board of Directors Current

Organization Position Status
Severn Trent Plc Secretary Current

Organization Position Status
IMI plc CEO Current
Imi Plc Chief Executive Current
Imi Plc Board of Directors Current
Severn Trent Plc Board of Directors Current
Spectris Plc Board of Directors Current
IMI plc Board of Directors Current
Irving Materials Inc. Chief Executive Former
Spectris Plc non-executive director Former
Imperial College London honours graduate in Mechanical Engineering Former

Executive News

  • PRESS DIGEST - British business - June 7

    Reuters - 6/06/09 - View Story

  • Severn Trent profits reduced to a trickle

    The Times - 5/29/09 - View Story

  • Severn Trent's profits plunge by 13%

    The Times - 5/29/09 - View Story

  • UPDATE 2-Severn Trent FY in line, decline stabilising

    Forbes.com - 5/29/09 - View Story

  • Profits drain away as slump takes its toll at Severn Trent

    London Evening Standard - 5/29/09 - View Story

  • UPDATE 2-Severn Trent FY in line, decline stabilising

    Reuters - 5/29/09 - View Story

  • REG-Severn Trent PLC: Final Results

    Reuters - 5/29/09 - View Story

  • REG-Severn Trent PLC: Directorate Change

    Reuters - 5/22/09 - View Story

  • Justice Minister Shahid Malik steps down over subsidised rent claim

    The Times - 5/15/09 - View Story

  • Justice Minister steps down over rent claim

    The Times - 5/15/09 - View Story

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SVT $8.90 +0.30 (3.49% )
Volume 1,800
Shares Outstanding 2.2M
Market Cap 19.9M
Year High 10.89
Year Low 4.53
Earnings Per Share 1.39
P/E Ratio 6.40
Dividend 0.15
Yield 1.6844
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