United Utilities Group Share Price (UU) - Buy UU Shares

This utility company is the largest of the listed water companies in the UK. They currently own, operate and maintain a variety of utility assets in addition to their water division, including electricity, gas and waste water. They are also the UK's leading outsourcer of utilities and report an annual turnover of around £2 billion. This puts United Utilities in the FTSE 100 and in a strong position with regards to their share prices. The water division of the company is not restricted to the UK and United Utilities PLC also provide water and waste water services in countries around the world, including Australia, the Middle East and part of Europe.

United Utilities PLC currently own and operate the water, waste water and the electricity networks in the North of England, plus they operate nearly two thirds of the outsourced utility market in the UK. For the year ending March 2008, the company reported revenues of £2360 million with a profit before tax of £478 million which is a 20% increase from 2007. In addition the company has invested over £3 billion to improve water quality and waste removal for its customers in the North of England and they plan to spend another £4 billion over the next ten years. This company offers a range of services for both domestic and commercial customers and as their electricity and gas divisions grow to join that of the water division so will their profits and shareholder benefits.