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Owners of South West Water report loss of £72.7m
Cornish Guardian (Newquay & North Coast)
|June 11, 2025
SOUTH West Water owner Pennon has reported widening losses while it said hiking water bills this year would help fund its £3.2 billion investment plans.
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The utilities firm reported a pre-tax loss of £72.7 million for the year to the end of March, widening from the £9.1 million loss reported last year.
Last year's parasite outbreak in Brixham, South Devon, cost it about £21 million, pushing it deeper into an annual loss, it said. An outbreak of cryptosporidium in the water supply left some people in hospital, while more than 100 others reported symptoms including diarrhoea.
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