Share Prices & Company Research

Stockbroking

Pennon Group

Current Price 646.50p Bid 646.50p Ask 647.50p Change -1.82%
Last Updated: 28/03/2024 23:56. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Founded in 1989, Pennon is a FTSE 250 listed company and one of the leading businesses in the UK water sector, providing clean water and wastewater services through our businesses across the Great South West, serving a population of c.3.5 million, across nine counties and c.380,000 business customers across the UK.

Financial Highlights Year Ended 31/03/2023

Revenue
£797.20m
Operating Profit/Loss
£109.40m
Dividend yield (%)
4.90
Total dividend for year
n/ap
Dividend cover
0.17
P/E Ratio
120.10

Key Personnel

Mr Steve Buck
Director
Ms Susan Davy
Group Finance Director
Mr Jon Butterworth
Independent Non-Executive Director
Mr Dorothy Burwell
Non-Executive Director
Mr Iain Evans
Non-Executive Director
Mr Loraine Woodhouse
Non-Executive Director
Ms Claire Ighodaro CBE
Non-Executive Director
Ms Gill Rider
Senior Independent Director

Stock Details

EPIC
PNNL
ISIN
GB00B18V8630
Shares in Issue
412.32m
Market cap
£2,665.66m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
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 the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
646.50p
Bid Price
646.50p
Ask Price
647.50p
Volume
107,242
Change Today
-12.00p
% Change Today
-1.82%
Open
656.50p
Previous Close
646.50p
Intraday High
660.75p
Intraday Low
645.00p
52 Week High
888.00p
52 Week Low
555.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
797.20
792.30
Operating Profit/Loss
109.40
221.40
Net Interest
-118.20
-93.70
Pre-Tax Profit
-8.50
127.70
Profit After Tax from continuing operations
0.40
15.60
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
0.40
15.60
Attributable to:
Equity Holders of Parent Company
0.10
15.40
Minority Interests
0.30
0.20
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2023
31 Mar 2022
Basic
n/ap
4.90p
Diluted
n/ap
4.90p
Adjusted
7.30p
50.20p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
4,476.90
4,264.00
Intangible Assets
178.80
177.80
Investment Properties
n/a
n/a
Investments
0.30
n/a
Other Financial Assets
34.50
14.80
Other Non-Current Assets
52.50
75.90
Current Assets
Inventories
10.00
7.70
Trade & Other Receivables
246.40
272.40
Cash at Bank & In Hand
165.40
519.00
Current Asset Investments
n/a
n/a
Other Current Assets
20.70
5.60
Other Assets
n/a
n/a
Total Assets
5,185.50
5,337.20

Liabilities

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
127.30
242.70
Other Current Liabilities
228.20
172.50
Total Current Liabilities
355.50
415.20
Non-Current Liabilities
Borrowings
3,040.10
2,997.80
Provisions
507.00
512.40
Other Non-Current Liabilities
157.70
137.20
Total Non-Current Liabilities
3,704.80
3,647.40
Other Liabilities
n/a
n/a
Total Liabilities
4,060.30
4,062.60

Net Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Net Assets
1,125.20
1,274.60

Capital & Reserves

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Share Capital
159.50
161.70
Share Premium Account
237.60
235.50
Other Reserves
157.10
154.70
Retained Earnings
570.60
722.60
Shareholders Funds
1,124.80
1,274.50
Minority Interests/Other Equity
0.40
0.10
Total Equity
1,125.20
1,274.60

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
25 Jan 2024
05 Apr 2024
14.04p
Final
20 Jul 2023
04 Sep 2023
29.77p
Interim
26 Jan 2023
05 Apr 2023
12.96p
Final
21 Jul 2022
05 Sep 2022
26.83p
Interim
27 Jan 2022
05 Apr 2022
11.70p
Final
22 Jul 2021
02 Sep 2021
14.97p
Special
01 Jul 2021
16 Jul 2021
355.00p
Special
05 Jul 2021
16 Jul 2021
355.00p
Interim
28 Jan 2021
01 Apr 2021
6.77p
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 2023
31 Mar 2022
Dividend growth
10.90%
77.23%
Dividend yield
4.90%
3.60%
Dividend cover
0.17
1.30


Cboe Global Markets® is a registered trade mark of Cboe Global Markets, Inc., a company incorporated in the United States of America with registered address at 400 South LaSalle Street, Chicago, IL 60605, USA. Cboe shall own any and all rights including without limitation Intellectual Property rights and any and all goodwill arising directly or indirectly out of the Recipient’s use of the “Cboe Global Markets®”, “Cboe®” and “Bats®”” trademarks. Neither Cboe nor its licensors accept any liability for any errors or omissions in the Cboe Europe Indices or underlying data. No further distribution of Cboe Europe data is permitted without Cboe’s express written consent.

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.