United Utilities capex is what to watch, says UBS
Portfolio Pulse from
UBS highlights the importance of capital expenditure (capex) in the upcoming updates from United Utilities, emphasizing the need for the water industry to increase capex without relying on higher unit prices or total expenditure underperformance.
November 12, 2024 | 2:30 pm
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NEUTRAL IMPACT
UBS emphasizes the importance of United Utilities' capital expenditure in its upcoming updates, suggesting that the company needs to increase its investment without relying on higher unit prices.
UBS's focus on capex suggests that investors should pay attention to how United Utilities plans to manage its capital investments. The neutral score reflects the lack of specific positive or negative news about the company's financial performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80