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Pennon Group

Current Price 767.99p Bid 784.20p Ask 785.80p Change 7.64%
Last Updated: 26/05/2018 11:12. Prices delayed by at least 15 minutes.
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Company Overview

Pennon Group plc is one of the largest environmental infrastructure groups in the UK, Pennon is at the top end of the FTSE 250. Pennon has assets of around £6.0 billion and a workforce of around 5,000 people. The merged water company of South West Water and Bournemouth Water provides water and wastewater services to a population of c.1.7 million in Cornwall, Devon and parts of Dorset and Somerset and water only services to c.0.5 million in parts of Dorset, Hampshire and Wiltshire. Since 1989 South West Water has invested around £7 billion to improve water and wastewater services. This investment means that we will supply some of the best quality drinking water in the UK and have achieved record bathing water quality in recent years. South West Water was awarded enhanced status for its 2015-2020 Business Plan, and has the highest potential returns in the water sector to 2020. Viridor is a leading UK recycling, energy recovery and waste management company, providing services to more than 150 local authorities and major corporate clients as well as over 32,000 customers across the UK. Pennon Water Services provides water and wastewater retail services to over 160,000 non-household customer accounts across Great Britain, and is an 80:20 venture with South Staffordshire Group.

Financial Highlights Year Ended 31/03/2017

Turnover
£1,353.10m
Operating Profit
£293.90m
Dividend Yield
5.02
Dividend Per Share
35.96
Dividend Cover
1.08
P/E Ratio
18.43

Key Personnel

Christopher Loughlin
Chief Executive Officer
Susan Jane Davy
Finance Director
Sir Thomas John Parker
Non-Executive Chairman
Martin David Angle
Non-Executive Director
Neil Cooper
Non-Executive Director
Gillian Ann Rider
Non-Executive Director

Stock Details

EPIC
PNN
ISIN
GB00B18V8630
Shares in Issue
419,743,183
Market cap
£3,078.40m

Analyst Views (6)

Strong Buy
 
50.00%
Buy
 
0.00%
Hold
 
33.33%
Sell
 
16.67%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
785.80p
Bid Price
784.20p
Ask Price
785.80p
Volume
4797557
Change Today
55.80p
% Change Today
7.64%
Open
758.80p
Previous Close
785.80p
Intraday High
785.80p
Intraday Low
740.20p
52 Week High
947.00p
52 Week Low
577.40p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Pennon Group Intra-day Chart

Pennon Group News

News in this section is provided by MoneyAM

FTSE closes up after seesaw afternoon 25 May 2018 | 16:38 Pennon hikes dividend after profit rises 25% 25 May 2018 | 07:29 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 16 May 2018 | 11:50 Director Deals - Pennon Group PLC (PNN) 09 Apr 2018 | 10:50 Director Deals - Pennon Group PLC (PNN) 09 Apr 2018 | 10:50 Director Deals - Pennon Group PLC (PNN) 09 Apr 2018 | 10:50 Director Deals - Pennon Group PLC (PNN) 27 Mar 2018 | 16:05 Broker Forecast - HSBC issues a broker note on Pennon Group PLC 27 Mar 2018 | 09:00 Pennon Group says trading as expected, capex to peak in FY18 26 Mar 2018 | 08:35 Broker Forecast - Morgan Stanley issues a broker note on Pennon Group PLC 06 Mar 2018 | 08:30 Broker Forecast - Goldman Sachs issues a broker note on Pennon Group PLC 26 Jan 2018 | 08:50 Broker Forecast - JP Morgan Cazenove issues a broker note on Pennon Group PLC 07 Dec 2017 | 10:40 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 06 Dec 2017 | 11:00 Pennon Group earnings, dividend rise 29 Nov 2017 | 07:19 Broker Forecast - JP Morgan Cazenove issues a broker note on Pennon Group PLC 26 Oct 2017 | 10:10 Stronger pound pummels FTSE after jump in far-right support during German election 25 Sep 2017 | 11:51 FTSE falls on mixed results from German election 25 Sep 2017 | 09:15 Pennon on track to deliver in-line with management's expectations 25 Sep 2017 | 07:58 Director Deals - Pennon Group PLC (PNN) 19 Sep 2017 | 17:05 Director Deals - Pennon Group PLC (PNN) 19 Sep 2017 | 17:05 Director Deals - Pennon Group PLC (PNN) 06 Sep 2017 | 10:45 Director Deals - Pennon Group PLC (PNN) 06 Sep 2017 | 10:45 Broker Forecast - Macquarie issues a broker note on Pennon Group PLC 31 Aug 2017 | 11:40 Viridor agrees exit terms from PFI contract 24 Aug 2017 | 07:48 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 17 Aug 2017 | 10:50 Director Deals - Pennon Group PLC (PNN) 21 Jul 2017 | 15:05 Director Deals - Pennon Group PLC (PNN) 21 Jul 2017 | 15:05 Broker Forecast - Morgan Stanley issues a broker note on Pennon Group PLC 18 Jul 2017 | 12:10 Broker Forecast - Morgan Stanley issues a broker note on Pennon Group PLC 07 Jul 2017 | 11:10 Broker Forecast - Credit Suisse issues a broker note on Pennon Group PLC 30 Jun 2017 | 08:10

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2017
31 Mar 2016
Tangible Assets
4,103.2
3,897.3
Intangible Assets & Goodwill
452.1
448.8
Investments & Other Non-Current Assets
381.7
330.6
Total Non-Current Assets
4,937.0
4,676.7
Inventory
21.3
20.6
Trade & Receivables
340.8
323.5
Cash & Receivables
598.1
632.2
Other Current Assets & Assets Held for Resale
14.1
9.5
Total Assets
5,911.3
5,662.5

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2017
31 Mar 2016
Short Term Liabilities
519.9
436.7
Long Term Liabilities
3,882.2
3,738.2
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
4,402.1
4,174.9

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2017
31 Mar 2016
Net Assets
1,509.2
1,487.6

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2017
31 Mar 2016
Share Capital
168.4
167.8
Minority Interests
294.8
294.8
Retained Earnings
684.4
667.5
Share Premium Account
217.4
213.3
Other Equity
144.2
144.2
Total Equity
1,509.2
1,487.6

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2017
31 Mar 2016
Cashflow from Operating Activities
318.7
247.2
Cashflow Before Financing
-12.0
-72.3
Increase / Decrease in Cash
-31.4
-169.1

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2017
31 Mar 2016
Turnover
1,353.1
1,352.3
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
293.9
251.6
Pre-Tax Profit
210.5
206.3
Profit / Loss for the Year
180.5
168.3

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H1 Dividend
25 Jan 2018
04 Apr 2018
H2 Dividend
06 Jul 2017
01 Sep 2017
H1 Dividend
02 Feb 2017
04 Apr 2017
H2 Dividend
07 Jul 2016
02 Sep 2016
H1 Dividend
28 Jan 2016
01 Apr 2016
H2 Dividend
06 Aug 2015
02 Oct 2015
H1 Dividend
29 Jan 2015
02 Apr 2015
H2 Dividend
06 Aug 2014
03 Oct 2014
H1 Dividend
29 Jan 2014
03 Apr 2014
H2 Dividend
07 Aug 2013
04 Oct 2013
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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