Share Prices & Company Research

Stockbroking

Pennon Group

Current Price 793.20p Bid 792.80p Ask 793.40p Change 0.34%
Last Updated: 20/02/2019 10:12. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

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 31/03/2018

Turnover
£1,396.20m
Operating Profit
£327.10m
Dividend Yield
5.15
Dividend Per Share
38.59
Dividend Cover
1.22
P/E Ratio
15.97

Key Personnel

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

Stock Details

EPIC
PNN
ISIN
GB00B18V8630
Shares in Issue
420,446,156
Market cap
£3,223.14m

Analyst Views (8)

Strong Buy
 
37.50%
Buy
 
0.00%
Hold
 
62.50%
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
793.10p
Bid Price
792.80p
Ask Price
793.40p
Volume
206036
Change Today
2.70p
% Change Today
0.34%
Open
790.60p
Previous Close
790.40p
Intraday High
800.00p
Intraday Low
777.29p
52 Week High
814.60p
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 AJ Bell

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 Broker Forecast - JP Morgan Cazenove issues a broker note on Pennon Group PLC 11 Dec 2018 | 12:10 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 10 Dec 2018 | 08:30 Chinese whispers put UK stocks on the back foot 27 Nov 2018 | 12:01 UK stocks open 0.2% lower as Trump renews China tariff threat 27 Nov 2018 | 09:05 Pennon profit up 2.3% amid high demand for water during warm UK summer 27 Nov 2018 | 07:26 Broker Forecast - RBC Capital Markets issues a broker note on Pennon Group PLC 26 Nov 2018 | 08:50 Pennon buys stake waste-to-power plant stake from John Laing for £54.5m 16 Nov 2018 | 13:10 Director Deals - Pennon Group PLC (PNN) 24 Oct 2018 | 16:45 Director Deals - Pennon Group PLC (PNN) 24 Oct 2018 | 15:10 Broker Forecast - Deutsche Bank issues a broker note on Pennon Group PLC 02 Oct 2018 | 08:20 Pennon Group says trading in line with expectations 24 Sep 2018 | 07:08 Broker Forecast - Goldman Sachs issues a broker note on Pennon Group PLC 18 Sep 2018 | 08:00 Broker Forecast - UBS issues a broker note on Pennon Group PLC 17 Sep 2018 | 09:50 Director Deals - Pennon Group PLC (PNN) 07 Sep 2018 | 14:30 Director Deals - Pennon Group PLC (PNN) 07 Sep 2018 | 14:30 Pennon Group sees customer bills falling by up to 11% to 2025 03 Sep 2018 | 07:30 Broker Forecast - HSBC issues a broker note on Pennon Group PLC 28 Aug 2018 | 08:50 Broker Forecast - UBS issues a broker note on Pennon Group PLC 09 Aug 2018 | 09:50 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

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2018
31 Mar 2017
Tangible Assets
4,310.6
4,103.2
Intangible Assets & Goodwill
457.6
452.1
Investments & Other Non-Current Assets
356.8
381.7
Total Non-Current Assets
5,125.0
4,937.0
Inventory
24.6
21.3
Trade & Receivables
416.0
340.8
Cash & Receivables
585.3
598.1
Other Current Assets & Assets Held for Resale
12.9
14.1
Total Assets
6,163.8
5,911.3

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2018
31 Mar 2017
Short Term Liabilities
626.2
519.9
Long Term Liabilities
3,898.5
3,882.2
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
4,524.7
4,402.1

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2018
31 Mar 2017
Net Assets
1,639.1
1,509.2

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2018
31 Mar 2017
Share Capital
170.8
168.4
Minority Interests
298.2
294.8
Retained Earnings
807.1
684.4
Share Premium Account
218.8
217.4
Other Equity
144.2
144.2
Total Equity
1,639.1
1,509.2

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2018
31 Mar 2017
Cashflow from Operating Activities
352.2
318.7
Cashflow Before Financing
53.2
-12.0
Increase / Decrease in Cash
28.7
-31.4

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2018
31 Mar 2017
Turnover
1,396.2
1,353.1
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
327.1
293.9
Pre-Tax Profit
262.9
210.5
Profit / Loss for the Year
221.9
180.5

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
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
H2 Dividend
06 Aug 2014
03 Oct 2014
H1 Dividend
29 Jan 2014
03 Apr 2014
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.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.