Pennon Group (PNN)

Sector:

Utilities

Index:

FTSE 250

548.00p
   
  • Change Today:
    -7.00p
  • 52 Week High: 767.00
  • 52 Week Low: 539.00
  • Currency: UK Pounds
  • Shares Issued: 286.04m
  • Volume: 456,151
  • Market Cap: £1,567.52m
  • RiskGrade: 123
  • Beta: 1.08

Income Statement - Normalised

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
Revenue 907.80 797.20 792.30 624.10 636.70
           
EBITDA 348.50 308.20 399.30 318.50 266.90
Depreciation & Amortisation (172.00) (154.70) (146.70) (119.40) n/a
           
Operating Profit/(Loss) 176.50 153.50 252.60 199.10 266.90
Interest Payable (162.80) (145.80) (96.30) (62.50) (48.60)
Interest Receivable/Investment Income 12.60 9.20 2.60 4.20 4.10
           
Group Profit after Interest 26.30 16.90 158.90 140.80 222.40
Share of Assoc Cos/JV Profits n/a n/a n/a (4.30) n/a
           
Profit Before Tax 26.30 16.90 158.90 136.50 222.40
Tax (4.30) 2.70 (5.00) (18.20) (70.60)
           
Profit After Tax 22.00 19.60 153.90 118.30 151.80
           
Discontinued Operations          
Profit After Tax n/a n/a n/a 1,662.30 83.80
           
PROFIT FOR PERIOD 22.00 19.60 153.90 161.40 235.60
           
Attributable to:          
Equity Holders of Parent Company 21.00 19.30 153.70 161.60 229.70
Minority Interests (1.00) (0.30) (0.20) 0.20 (5.90)
           
Equity Dividends cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year c21.00 c19.30 c153.70 c161.60 c229.70


Per Share Record - Normalised 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing EPS          
Earnings per Share - Basic 7.88p 7.37p 49.25p 28.14p 34.72p
Earnings per Share - Diluted 7.88p 7.34p 48.98p 28.03p 34.56p
Earnings per Share - Adjusted 6.20p 7.30p 50.20p 47.80p 35.20p
Continuing and Discontinued EPS          
Earnings per Share - Basic 7.88p 7.37p 49.25p 0.39p 54.66p
Earnings per Share - Diluted 7.88p 7.34p 48.98p 0.39p 54.42p
Earnings per Share - Adjusted 6.20p 7.30p 50.20p 47.80p 61.70p
           
Dividend per Share 44.37p 42.73p 38.53p 21.74p 43.77p


Key Financals 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Shares in Issue (millions)          
Shares in Issue - Year End 286.05 261.32 264.85 422.12 524.00
Weighted Average 266.60 261.90 312.10 421.10 420.20
Diluted 266.60 262.80 313.80 422.70 422.10
           
Performance Ratios          
Continuing Operations          
Operating Margin 19.44% 19.25% 31.88% 31.90% 41.92%
Return on Capital Employed 3.22% 3.32% 5.21% 0.03% 4.73%
Continuing Operations & Discontinued Operations          
Return on Equity 1.23% 1.18% 8.60% 0.05% 13.70%
           
Financial Status          
Continuing Operations          
Interest Cover - Continuing 1.16 1.12 2.65 3.18 5.58
Revenue per Share 340.51p 304.39p 253.86p 1.50p 151.52p
Pre-Tax Profit Per Share - Continuing 9.87p 6.45p 50.91p 0.33p 52.93p
           
Market Data          
Continuing Operations          
Earnings Per Share Growth - Basic 7% -85% 75% -19% -33%
Earnings Per Share Growth - Diluted 7% -85% 75% -19% -33%
PE Ratio - Company Adjusted 82.2 118.6 21.8 35.7 32.2
PEG - Company Adjusted 11.7 n/a 0.3 n/a n/a
Dividend Cover 0.18 0.17 1.28 1.29 0.79
Continuing Operations & Discontinued Operations          
Earnings per Share - Company Adjusted 7% -85% 12,613% -99% 266%
Earnings per Share - Diluted 7% -85% 12,592% -99% 265%
PE Ratio - Company Adjusted 82.2 118.6 21.8 2,594.1 20.5
PEG - Company Adjusted 11.7 n/a 0.0 n/a 0.1
Dividend Cover 0.18 0.17 1.28 0.02 1.25
           
Market Capitalisation £ (Millions) 1,852.14 2,283.90 2,847.10 4,241.74 5,862.25
Dividend per Share 44.37p 42.73p 38.53p 21.74p 43.77p
Dividend Yield 6.9% 4.9% 3.6% 2.2% 3.9%
Dividend per Share Growth 3.84% 10.90% 77.23% (50.33%) 6.60%

Key

* GAAP

a. Includes discontinued activities

b. Includes preference dividends

c. Not disclosed under IFRS

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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