Wave hails revenue growth as public sector work drives success

Image: Wave

The Durham water business also recently acquired Cambridgeshire-based water sensing tech specialist Infersens.

Water management and retailer Wave has grown revenues to more than half a billion pounds thanks to continued success with public sector clients.

The Durham-based firm works with other businesses and councils to drive down water usage and lower bills and is part-owned by Northumbrian Water. New accounts, for the year to the end of March show it generated revenue of nearly £555m, up from £495.5m, as operating profits dipped from £13.1m to £11.1m.

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