Severn Trent Says Drop in Water Usage Has ‘Leveled Out a Bit’
Severn Trent Plc, the U.K.’s second- biggest water company, said the decline in water consumption by businesses has slowed.
“It’s leveled out a bit,” Chief Executive Officer Tony Wray said on a conference call today.
Water usage was down by as much as about 6 percent at one point last year as automakers cut production, Chief Financial Officer Mike McKeon said.
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