BNET Industries

Market Cap:$16.5M
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. ...
CEO
Tony WrayNumber of Employees 8,707
Peer Companies
NAICS Code Water Supply and Irrigation Systems: 221310
Recent Events
-
Glance-FTSE up 1pct; miners and oils rally on weak dollar
-
Severn Trent profits reduced to a trickle
-
UPDATE 2-Severn Trent FY in line, decline stabilising
-
REG-Severn Trent PLC: Directorate Change
-
SEVERN TRENT PLC - Directorate Change
News & Analysis
Filter by
severn trent plc. - All News and Analysis
SPOUT OF ORDER
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...
New chief cheers up Friends Provident
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...
Splash out on defensive Severn Trent
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...
Kazakhmys 1305 -34 -2.54 Severn Trent 1375 -30 -2.14 [Derived
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
Severn braced for rise in bad debts
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...
Severn Trent Water is fined Pounds 2m over false leakage data
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...
Severn Trent blames scandal for 41 per cent fall in annual profits
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...
Court hears details of water firm's dishonesty
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...
Severn Trent to be sentenced
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...
UTILITIES Pounds 35m fine for Severn Trent
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...
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
-
Severn Trent profits reduced to a trickle
-
Severn Trent's profits plunge by 13%
-
UPDATE 2-Severn Trent FY in line, decline stabilising
-
Profits drain away as slump takes its toll at Severn Trent
-
UPDATE 2-Severn Trent FY in line, decline stabilising
-
REG-Severn Trent PLC: Final Results
-
REG-Severn Trent PLC: Directorate Change
-
Justice Minister Shahid Malik steps down over subsidised rent claim
-
Justice Minister steps down over rent claim
| Volume | 1,200 |
| Shares Outstanding | 2.2M |
| Market Cap | 16.5M |
| Year High | 10.89 |
| Year Low | 4.53 |
| Earnings Per Share | 1.39 |
| P/E Ratio | 5.3237 |
| Dividend | 0.15 |
| Yield | 2.0270 |
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