Edition:
United Kingdom

Pennon Group PLC (PNN.L)

PNN.L on London Stock Exchange

744.00GBp
22 Jan 2018
Change (% chg)

2.80 (+0.38%)
Prev Close
741.20
Open
739.20
Day's High
747.40
Day's Low
739.20
Volume
572,014
Avg. Vol
1,315,712
52-wk High
947.23
52-wk Low
731.80

Latest Key Developments (Source: Significant Developments)

Pennon Group says H1 pre-tax profit rose 2.3 pct
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - PENNON GROUP PLC ::INTERIM DIVIDEND UP 7.9 PERCENT TO 11.97 PENCEPER SHARE.H1 UNDERLYING PRETAX PROFIT ROSE 2.3 PERCENT TO 131.1 MILLION STG.HY UNDERLYING REVENUE OF ‍723.9​ MILLION STG VERSUS. 685.5 MILLION STG A YEAR AGO.‍GROUP HAS PERFORMED WELL IN H1 2017/18, AND IS ON TRACK TO DELIVER IN LINE WITH MANAGEMENT EXPECTATIONS FOR FULL YEAR 2017/18​.‍WATER BUSINESS IS ON TRACK TO DELIVER AGAINST ALL BUSINESS PLAN COMMITMENTS, INCLUDING THOSE UNDER FINANCIAL ODIS, BY 2020.‍VIRIDOR SEES GENERATING SIGNIFICANT GROWTH IN EBITDA OVER COMING YEARS, WITH STEP UP EXPECTED FROM 2018/19 AS ADDITIONAL FACILITIES COME ON STREAM​.  Full Article

Pennon says FY results were in line with its expectations
Wednesday, 25 May 2016 

Pennon Group Plc : 2015/16 results in-line with management expectations . FY group revenue £1,352.3m versus £1,357.2m year ago . FY group profit before tax £211.3m versus £210.7m year ago . Pennon has further cost saving and synergy plans underway to deliver c.£11 million a year of enduring financial benefits by 2017/18 . For 2015/16, board has recommended a final dividend of 23.12p, up 6.0 pct . Pennon expects to deliver c.£27 million of net synergies by 2020 from integration of South West Water and Bournemouth Water .Final dividend up 6 percent to 23.12 penceper share.  Full Article

No ex-divs on the FTSE 100 on Jan 25

Jan 22 No FTSE 100 companies will go ex-dividend on Thursday, although several mid-caps will go ex-div, after which investors will no longer qualify for the latest dividend payout. Among FTSE 250 companies going ex-dividend are: COMPANY (RIC) DIVIDEND (pence) Bankers 4.8 Investment Trust City of London 4.3