South West Water: Parent company of utility responsible for fixing contaminated supply in Devon announces surge in profits

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Payments to shareholders of Pennon Group are to increase by 3.8% to 44.37 pence a share - as South West Water seeks to make bills 20% more expensive, despite its role in a diarrhoea-causing disease outbreak in Devon.

The parent company of South West Water has insisted it is focused on returning safe water supply to Brixham in Devon as it announced an 8.6% increase in underlying operating profits to £166.3m. Around 17,000 households in the Brixham area have been told to boil their drinking water since last week following an outbreak of cryptosporidiosis which left hundreds of people ill.

Our absolute priority continues to be the health and safety of our customers and our operational teams are working tirelessly around the clock to deliver this.' The company also revealed it is paying out about £3.5m in compensation to customers affected by the parasite outbreak in Devon.

 

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