Severn Trent PLC (OTCPK:STRNY) Q2 2026 Earnings Call November 19, 2025 3:30 AM EST
Company Participants
Olivia Garfield – CEO & Executive Director
Stephanie Cawley – Director of Customer Operations
Helen Miles – CFO & Executive Director
James Jesic
Bob Stear – Chief Engineer
Shane Anderson
Conference Call Participants
Sarah Lester – Morgan Stanley, Research Division
Dominic Nash – Barclays Bank PLC, Research Division
Julius Nickelsen – BofA Securities, Research Division
Mark Freshney – UBS Investment Bank, Research Division
Alexander Wheeler – RBC Capital Markets, Research Division
Ahmed Farman – Jefferies LLC, Research Division
Bartlomiej Kubicki – Sanford C. Bernstein & Co., LLC., Research Division
Presentation
Olivia Garfield
CEO & Executive Director
Good morning, and welcome to the Severn Trent Results Presentation Half Year Q&A session. We’ve got myself, Helen and the entire senior team here. And of course, the new Chief Executive of Severn Trent, James Jesic, is also with us.
And obviously, this is my final results presentation. So we’ll be trying to get lots of questions on the business topics and on the results. We’re pleased with our performance over the last 6 months, and we look forward to taking questions on them. So Sarah, over to you first.
Question-and-Answer Session
Sarah Lester
Morgan Stanley, Research Division
Good morning. Well, we knew the day would come Liv. To simply say thank you feels way too small given everything you’ve done. But until I think of something better, I’ll just leave it with thank you. James, a much deserving successor, super thrilled, super excited for you for the team and for everything that lies ahead. But I guess it is on with the show. So a couple of questions from me, please, on the results today.
Firstly, on that ODI guidance upgrade, I mean, you could have waited until deeper into winter to upgrade, but you didn’t. Wondering what gives you conviction
