Horizon Food: new power and water tariffs to lift costs by about 15%
Horizon Food expects electricity and water costs to rise about 15% in fiscal 2027 under amended tariffs, equal to roughly 0.09% of projected revenue.
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what happened
According to Reuters, Horizon Food said its preliminary estimates show electricity and water costs will climb roughly 15% during fiscal 2027 after amended tariffs take effect. The company calculates that the increase equals about 0.09% of its expected 2027 revenue.
The figure suggests the financial effect will be marginal for the group.
why it matters
For investors the disclosure is minor: a utility cost increase of this size barely dents a company's top line, so it carries little weight for the shares.
tags
instruments
sources
- Horizon Food Announces Expected Financial Impact Of Amended Electricity, Water, Sewage Tariffs — Reuters, 1 November 2026 at 13:05 UTC
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