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Pennon Group

Current Price 1006.00p Bid 1006.00p Ask 1009.00p Change -2.09%
Last Updated: 19/10/2020 21:44. Prices delayed by at least 15 minutes.
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Company Overview

Pennon operates two key subsidiaries: South West Water, a provider of water and sewerage services to Devon, Cornwall and parts of Dorset and Somerset; and Viridor Waste, a leading waste treatment and disposal business.

Financial Highlights Year Ended 31/03/2020

Revenue
£1,389.90m
Operating Profit/Loss
£357.40m
Dividend yield (%)
4.00
Total dividend for year
43.7700p
Dividend cover
1.41
P/E Ratio
17.60

Key Personnel

Mr Paul Boote
Group Finance Director
Ms Susan Davy
Group Finance Director
Mr Jon Butterworth
Independent Non-Executive Director
Mr Neil Cooper
Independent Non-Executive Director
Mr Iain Evans
Non-Executive Director
Ms Claire Ighodaro CBE
Non-Executive Director
Ms Gill Rider
Senior Independent Director

Stock Details

EPIC
PNN
ISIN
GB00B18V8630
Shares in Issue
421.60m
Market cap
£4,243.71m
Sector

Analyst Views (7)

Strong Buy
 
42.86%
Buy
 
0%
Hold
 
57.14%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
1,006.00p
Bid Price
1,006.00p
Ask Price
1,009.00p
Volume
493,466
Change Today
-21.50p
% Change Today
-2.09%
Open
1,033.00p
Previous Close
1,006.00p
Intraday High
1,040.50p
Intraday Low
1,003.50p
52 Week High
1,202.50p
52 Week Low
873.40p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Continuing Operations
Revenue
1,389.90
1,478.20
Operating Profit/Loss
357.40
325.30
Net Interest
-70.70
-77.40
Pre-Tax Profit
301.50
260.30
Profit After Tax from continuing operations
206.30
222.60
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
206.30
222.60
Attributable to:
Equity Holders of Parent Company
207.40
222.90
Minority Interests
-1.10
-0.30
Total Dividend Paid
43.7700p
41.0600p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2020
31 Mar 2019
Basic
27.70p
38.20p
Diluted
27.60p
38.10p
Adjusted
61.70p
57.80p
Dividend per Share
43.7700p
41.0600p

Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
3,171.80
4,509.40
Intangible Assets
43.50
477.10
Investment Properties
n/a
n/a
Investments
n/a
51.10
Other Financial Assets
4.10
70.50
Other Non-Current Assets
6.60
256.40
Current Assets
Inventories
4.90
28.80
Trade & Other Receivables
185.80
484.80
Cash at Bank & In Hand
665.90
569.60
Current Asset Investments
n/a
n/a
Other Current Assets
4.60
11.80
Other Assets
2,675.30
n/a
Total Assets
6,762.50
6,459.50

Liabilities

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Current Liabilities
Borrowings
59.90
150.40
Other Current Liabilities
124.50
360.70
Total Current Liabilities
184.40
511.10
Non-Current Liabilities
Borrowings
3,654.90
3,498.70
Provisions
261.60
508.20
Other Non-Current Liabilities
193.20
261.70
Total Non-Current Liabilities
4,109.70
4,268.60
Other Liabilities
756.30
n/a
Total Liabilities
5,050.40
4,779.70

Net Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Net Assets
1,712.10
1,679.80

Capital & Reserves

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Share Capital
171.30
171.10
Share Premium Account
227.00
223.60
Other Reserves
144.20
144.20
Retained Earnings
872.80
843.00
Shareholders Funds
1,415.30
1,381.90
Minority Interests/Other Equity
296.80
297.90
Total Equity
1,712.10
1,679.80

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
23 Jul 2020
02 Sep 2020
30.11p
Interim
23 Jan 2020
03 Apr 2020
13.66p
Final
25 Jul 2019
03 Sep 2019
28.22p
Interim
24 Jan 2019
04 Apr 2019
12.84p
Final
05 Jul 2018
04 Sep 2018
26.62p
Interim
25 Jan 2018
04 Apr 2018
11.97p
Final
06 Jul 2017
01 Sep 2017
24.87p
Interim
02 Feb 2017
04 Apr 2017
11.09p
Final
07 Jul 2016
02 Sep 2016
23.12p
Interim
28 Jan 2016
01 Apr 2016
10.46p
Final
06 Aug 2015
02 Oct 2015
21.82p
Interim
29 Jan 2015
02 Apr 2015
9.98p

Dividend Metrics

Year End Date
31 Mar 2020
31 Mar 2019
Dividend growth
6.60%
6.40%
Dividend yield
4.00%
5.50%
Dividend cover
1.41
1.41
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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