Servotronics Inc. (SVT)
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SET 
Servotronics Swings to Earnings in Q1 on 12% Y/Y Revenue Growth
Strong aerospace demand, improved efficiencies and strategic pricing drive SVT's operational turnaround and position the company for continued growth.
Severn Trent accused of artificially inflating balance sheet in scathing Panorama investigation
FTSE 100-listed water firm Severn Trent PLC (LSE:SVT) has been accused by BBC Panorama of inflating its balance sheet by £1.68 billion through a complex accounting scheme intended to justify higher shareholder returns. According to the investigation, the water company incorporated a shell entity called Severn Trent Trimpley in 2017.
Severn Trent fails to hit water-safety standards as profits nearly triple
FTSE 100-listed water firm Severn Trent PLC (LSE:SVT) saw a huge swing in interim profits despite acknowledging that it will miss certain water-safety performance metrics this financial year. The group reported a near tripling of profit after tax to £141.4 million for the six months ending 30 September, up from £51.60 million a year earlier.
Servotronics Q3 Earnings Decline Y/Y, Revenues Increase 7.3%
SVT's Q3 earnings are affected by higher overhead costs and a less favorable product mix.
Severn Trent, United Utilities to benefit from water incentive plans - analysts
Severn Trent PLC (LSE:SVT) and United Utilities Group PLC (LSE:UU.) have been granted share price target upgrades by Deutsche Bank on new proposals for incentives within the water sector.
Servotronics (SVT) Earnings & Revenues Increase Y/Y in Q2
Higher volumes from strong customer demand and improved pricing aid Servotronics' (SVT) second-quarter earnings.
Severn Trent hails environment award despite sewage dumping fine
Severn Trent PLC (LSE:SVT) hailed its environmental performance after it received a four-star rating from the Environmental Agency for the fifth year running. Its award however came just months after it was fined £2 million for dumping sewage into the River Trent in Stoke alongside other missed environmental targets.
Ofwat targets Severn Trent, United Utilities in latest sewage investigation
Water regulator Ofwat has opened four new enforcement cases against British water and wastewater companies, with formal notices served on FTSE 100 firms Severn Trent PLC (LSE:SVT) and United Utilities Group PLC (LSE:UU.). Dŵr Cymru Welsh Water, Hafren Dyfrdwy have also been told to gather evidence.
Zacks Initiates Coverage of Servotronics With Outperform Recommendation
Discover why Zacks rates Servotronics (SVT) as "Outperform," being the first on Wall Street to initiate coverage on the stock. Explore how a focus on core competencies, and market expansion into aerospace, defense, energy and industrial sectors is driving Servotronics' potential.
