Bristol Water profits have risen by 72% to �18m after the company raised its prices by 17%in 2005. The company which supplies water to more than a million people in the South West said it also met leakage targets set by Ofwat for the year to 31 March.
It also added there were no plans for water restrictions this year.
Bristol Water was sold to a Spanish company for �165m in April and has since been delisted from the London Stock Exchange.
Eight people were made redundant from the firm's 400 staff last year after it closed its in-house laboratory and outsourced the operation.
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