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Pennon Group

Current Price 922.00p Bid 921.80p Ask 922.60p Change 0.46%
Last Updated: 13/11/2019 15:50. Prices delayed by at least 15 minutes.
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Company Overview

Pennon Group plc is one of the largest environmental infrastructure FTSE 250 groups in the UK with assets of around £6.5 billion and a workforce of over 5,000 people. Over 60% of Pennon's shareholders are UK pensions, savings, charities, individuals and employees, with two thirds of South West Water's employees being shareholders. Pennon's purpose is bringing resources to life. We aim to protect the environment and provide an outstanding service to customers and communities, while creating value for our shareholders. Pennon is investing significantly in its UK water and waste infrastructure and estimates capital expenditure of c.£1.8 billion between 2015 and 2020, with £1.5 billion invested to date. The Group continues to generate robust operating cash flows, and has a strong liquidity and balance sheet position, underpinning a well established sector leading dividend policy. Viridor is a leading UK recycling and residual waste processing and transformation business providing services to more than 150 local authorities and major corporate clients as well as over 32,000 customers across the UK. The integrated 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.

Financial Highlights Year Ended 31/03/2019

Turnover
£1,478.20m
Operating Profit
£325.30m
Dividend Yield
4.47
Dividend Per Share
41.06
Dividend Cover
1.24
P/E Ratio
17.97

Key Personnel

Christopher Loughlin
Chief Executive Officer
Susan Jane Davy
Finance Director
Sir Thomas John Parker
Non-Executive Chairman
Gillian Ann Rider
Non-Executive Director
Iain Richard Evans
Non-Executive Director
Neil Cooper
Non-Executive Director

Stock Details

EPIC
PNN
ISIN
GB00B18V8630
Shares in Issue
420,910,159
Market cap
£3,863.96m
Sector

Analyst Views (6)

Strong Buy
 
50.00%
Buy
 
16.67%
Hold
 
33.33%
Sell
 
0.00%
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
922.20p
Bid Price
921.80p
Ask Price
922.60p
Volume
1340704
Change Today
4.20p
% Change Today
0.46%
Open
911.80p
Previous Close
918.00p
Intraday High
924.80p
Intraday Low
911.80p
52 Week High
927.60p
52 Week Low
681.00p
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 AJ Bell

Broker Forecast - HSBC issues a broker note on Pennon Group PLC 12 Nov 2019 | 11:20 Broker Forecast - Barclays Capital issues a broker note on Pennon Group PLC 10 Oct 2019 | 11:50 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 30 Sep 2019 | 08:20 Broker Forecast - RBC Capital Markets issues a broker note on Pennon Group PLC 30 Sep 2019 | 08:00 FTSE 100 stages end of week rally as Brexit bickering ups pressure on pound 27 Sep 2019 | 17:31 FTSE 100 firms as Brexit bickering ups pressure on pound, Persimmon leads risers 27 Sep 2019 | 12:23 UK stocks open 0.9% higher as Brexit anxiety pressures pound 27 Sep 2019 | 08:55 Pennon to review capital allocation policy amid 'strong' financial performance 27 Sep 2019 | 07:18 Broker Forecast - Jefferies International issues a broker note on Pennon Group PLC 19 Sep 2019 | 10:20 Director Deals - Pennon Group PLC (PNN) 06 Sep 2019 | 17:50 Director Deals - Pennon Group PLC (PNN) 06 Sep 2019 | 17:50 Director Deals - Pennon Group PLC (PNN) 20 Aug 2019 | 15:55 Director Deals - Pennon Group PLC (PNN) 20 Aug 2019 | 15:55 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 23 Jul 2019 | 08:50 Broker Forecast - Macquarie issues a broker note on Pennon Group PLC 17 Jun 2019 | 13:20 UK stocks rebound from Wednesday's sell-off 30 May 2019 | 09:23 Pennon reports "robust" FY performance as earnings grow 8% 30 May 2019 | 07:38 Broker Forecast - HSBC issues a broker note on Pennon Group PLC 20 May 2019 | 11:40 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 16 May 2019 | 10:50 Director Deals - Pennon Group PLC (PNN) 25 Apr 2019 | 10:15 Director Deals - Pennon Group PLC (PNN) 25 Apr 2019 | 10:15 Broker Forecast - JP Morgan Cazenove issues a broker note on Pennon Group PLC 09 Apr 2019 | 14:50 Broker Forecast - Barclays Capital issues a broker note on Pennon Group PLC 05 Apr 2019 | 10:20 Pennon expects draft regulator decision on business plan in April 25 Mar 2019 | 07:19 Broker Forecast - RBC Capital Markets issues a broker note on Pennon Group PLC 06 Feb 2019 | 08:50 Broker Forecast - Goldman Sachs issues a broker note on Pennon Group PLC 31 Jan 2019 | 12:50 Broker Forecast - Barclays Capital issues a broker note on Pennon Group PLC 30 Jan 2019 | 11:10 Broker Forecast - HSBC issues a broker note on Pennon Group PLC 18 Jan 2019 | 14:20 Director Deals - Pennon Group PLC (PNN) 20 Dec 2018 | 17:45 Director Deals - Pennon Group PLC (PNN) 20 Dec 2018 | 17:40

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Tangible Assets
4,509.4
4,310.6
Intangible Assets & Goodwill
477.1
457.6
Investments & Other Non-Current Assets
378.0
356.8
Total Non-Current Assets
5,364.5
5,125.0
Inventory
28.8
24.6
Trade & Receivables
484.8
416.0
Cash & Receivables
569.6
585.3
Other Current Assets & Assets Held for Resale
11.8
12.9
Total Assets
6,459.5
6,163.8

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Short Term Liabilities
511.1
626.2
Long Term Liabilities
4,268.6
3,898.5
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
4,779.7
4,524.7

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Net Assets
1,679.8
1,639.1

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Share Capital
171.1
170.8
Minority Interests
297.9
298.2
Retained Earnings
843.0
807.1
Share Premium Account
223.6
218.8
Other Equity
144.2
144.2
Total Equity
1,679.8
1,639.1

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Cashflow from Operating Activities
286.7
352.2
Cashflow Before Financing
-123.1
53.2
Increase / Decrease in Cash
-37.3
28.7

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Turnover
1,478.2
1,396.2
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
325.3
327.1
Pre-Tax Profit
260.3
262.9
Profit / Loss for the Year
222.6
221.9

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
H2 Dividend
25 Jul 2019
03 Sep 2019
H1 Dividend
24 Jan 2019
04 Apr 2019
H2 Dividend
05 Jul 2018
04 Sep 2018
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
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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