- Utilitywise said it had trimmed its debt pile in 2017 with cash generation.

Net debt at the end of January was £15.0m, down £4.0m, or 21%, since the end of July.

The remaining debt comprises £11.9m of net bank borrowings, funded by a £25m banking facility, and £3.1m of other loans, due for repayment between 2018 and 2022.

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