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Pennon Group

Current Price 1146.50p Bid 1146.00p Ask 1148.50p Change 0.84%
Last Updated: 29/05/2020 07:52. 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 31/03/2019

Revenue
£1,478.20m
Operating Profit/Loss
£325.30m
Dividend yield (%)
5.50
Total dividend for year
41.0600p
Dividend cover
1.41
P/E Ratio
12.90

Key Personnel

Sir John Parker
Chairman
Mr Christopher Loughlin
Chief Executive Officer
Ms Susan Davy
Group Finance 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
421.03m
Market cap
£4,827.11m
Sector

Analyst Views (1)

Strong Buy
 
0%
Buy
 
0%
Hold
 
100.00%
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
1,146.50p
Bid Price
1,146.00p
Ask Price
1,148.50p
Volume
19,842
Change Today
9.50p
% Change Today
0.84%
Open
1,139.00p
Previous Close
1,137.00p
Intraday High
1,148.50p
Intraday Low
1,127.50p
52 Week High
1,202.50p
52 Week Low
697.80p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
1,478.20
1,396.20
Operating Profit/Loss
325.30
327.10
Net Interest
-77.40
-96.10
Pre-Tax Profit
260.30
262.90
Profit After Tax from continuing operations
222.60
221.90
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
222.60
221.90
Attributable to:
Equity Holders of Parent Company
222.90
222.10
Minority Interests
-0.30
-0.20
Total Dividend Paid
41.0600p
38.5900p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2019
31 Mar 2018
Basic
51.10p
48.00p
Diluted
50.90p
47.80p
Adjusted
57.80p
50.90p
Dividend per Share
41.0600p
38.5900p

Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
4,509.40
4,310.60
Intangible Assets
477.10
457.60
Investment Properties
n/a
n/a
Investments
51.10
22.80
Other Financial Assets
n/a
n/a
Other Non-Current Assets
326.90
334.00
Current Assets
Inventories
28.80
24.60
Trade & Other Receivables
484.80
416.00
Cash at Bank & In Hand
569.60
585.30
Current Asset Investments
n/a
n/a
Other Current Assets
11.80
12.90
Other Assets
n/a
n/a
Total Assets
6,459.50
6,163.80

Liabilities

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
150.40
209.80
Other Current Liabilities
360.70
416.40
Total Current Liabilities
511.10
626.20
Non-Current Liabilities
Borrowings
3,498.70
3,177.00
Provisions
508.20
477.10
Other Non-Current Liabilities
261.70
244.40
Total Non-Current Liabilities
4,268.60
3,898.50
Other Liabilities
n/a
n/a
Total Liabilities
4,779.70
4,524.70

Net Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Net Assets
1,679.80
1,639.10

Capital & Reserves

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Share Capital
171.10
170.80
Share Premium Account
223.60
218.80
Other Reserves
144.20
144.20
Retained Earnings
843.00
807.10
Shareholders Funds
1,381.90
1,340.90
Minority Interests/Other Equity
297.90
298.20
Total Equity
1,679.80
1,639.10

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
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 2019
31 Mar 2018
Dividend growth
6.40%
7.31%
Dividend yield
5.50%
6.00%
Dividend cover
1.41
1.32
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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