British Water celebrates best year ever
Jul 27, 2018
British Water had its “best performance ever” in 2017-18, chief executive Lloyd Martin told members attending British Water’s annual general meeting on 13 June.
The organisation now boasts nearly 200 member companies and organisations and reported its most profitable year in recent history. Martin said he was delighted that water utilities are now coming into membership, describing the benefits as a “win-win relationship” at the meeting, which was held at Stamford Bridge stadium.
The trade association’s UK Forum has worked closely with the economic regulator Ofwat on key issues for the supply chain this year - examining the proposed methodology for PR19 (the 2019 periodic review of investment) and reviewing the issues of cyclicality and direct procurement for customers, Martin told attendees.
“We continue to be the go-to organisation for international water delegations wishing to visit the UK,” he said.
Some 230 members joined the British Water Annual Lunch, held after the AGM, which also raised over £1,400 for WaterAid through a raffle.
WaterAid chief executive Tim Wainwright gave a keynote speech to members acknowledging the charity’s roots in the sector: “Our relationship with the water industry makes us special in the global NGO landscape,” he said.
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