United Utilities ‘most profitable firm’ in region

Franklaw Water Treatment plant on Catterall Lane, Garstan
Franklaw Water Treatment plant on Catterall Lane, Garstan
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United Utilities, Lancashire’s water supplier, has been revealed as the North West’s most profitable business.

The firm was ranked number one in Insider Media’s Profit 50 list with pre-tax profits of £341.6m.

United Utilities, based in Warrington, recorded profits more than double the £155m figure posted by engineering giant Amec Foster Wheeler, which was second on the list.

Liverpool-based discount retailers B&M and TJ Morris, which trades as Home Bargains, came third and fourth with pre-tax profits of £151.1m and £147.1m respectively.

United Utilities was forced to pay compensation to hundreds of thousands of Lancashire customers after the cryptospiridium crisis left some county households without safe drinking water for a month.