Pennon Group (PNN)

Sector:

Utilities

Index:

FTSE 250

665.50p
   
  • Change Today:
      9.50p
  • 52 Week High: 872.00
  • 52 Week Low: 551.00
  • Currency: UK Pounds
  • Shares Issued: 286.04m
  • Volume: 360,600
  • Market Cap: £1,903.60m
  • RiskGrade: 123

Income Statement - Unadjusted

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 797.20 792.30 624.10 636.70 1,478.20
           
EBITDA 264.40 368.10 314.10 237.60 285.10
Depreciation & Amortisation (154.70) (146.70) (119.40) n/a n/a
           
Operating Profit/(Loss) 109.70 221.40 194.70 237.60 285.10
Interest Payable (145.80) (96.30) (62.50) (48.60) (44.80)
Interest Receivable/Investment Income 27.60 2.60 4.20 4.10 20.00
           
Group Profit after Interest (8.50) 127.70 136.40 193.10 260.30
Share of Assoc Cos/JV Profits n/a n/a (4.30) n/a n/a
           
Profit Before Tax (8.50) 127.70 132.10 193.10 260.30
Tax 8.90 (112.10) (24.80) (70.60) (37.70)
           
Profit After Tax 0.40 15.60 107.30 122.50 222.60
           
Discontinued Operations          
Profit After Tax n/a n/a 1,654.70 83.80 n/a
           
PROFIT FOR THE PERIOD 0.40 15.60 1,762.00 206.30 222.60
           
Attributable to:          
Equity Shareholders' Earnings 0.10 15.40 1,762.20 200.40 222.90
Minority interests 0.30 0.20 (0.20) 5.90 (0.30)
           
Equity Dividends cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year cn/a cn/a cn/a cn/a cn/a


Per Share Record - Unadjusted 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing EPS          
Earnings per Share - Basic n/a 4.90p 25.50p 27.70p 38.20p
Earnings per Share - Diluted n/a 4.90p 25.40p 27.60p 38.10p
Continuing and Discontinued EPS          
Earnings per Share - Basic n/a 4.90p 418.50p 27.70p 51.10p
Earnings per Share - Diluted n/a 4.90p 416.90p 27.60p 50.90p
           
Dividend per Share 42.73p 38.53p 21.74p 43.77p 41.06p


Key Financals 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Shares in Issue (millions)          
Shares in Issue - Year End 261.32 264.85 422.12 524.00 420.52
Weighted Average 261.90 312.10 421.10 420.20 419.60
Diluted 262.80 313.80 422.70 422.10 420.90
           
Performance Ratios          
Continuing Operations          
Operating Margin 13.76% 27.94% 31.20% 37.32% 19.29%
Tax Rate 104.71% 87.78% 18.18% 36.56% 14.48%
Return on Capital Employed 2.37% 4.57% 0.03% 4.21% 1.57%
Continuing Operations & Discontinued Operations          
Return on Equity (ROE) 0.01% 0.86% 0.55% 11.95% 2.95%
           
Financial Status          
Continuing Operations          
Interest Cover 0.94 2.33 3.11 4.97 6.81
Revenue per Share 304.39p 253.86p 1.50p 151.52p 88.01p
Pre-Tax Profit per Share (3.25p) 40.92p 0.32p 45.95p 15.50p
           
Market Data          
Continuing Operations          
Earnings per Share Growth - Basic n/a -81% -8% -28% 18%
Earnings per Share Growth - Adjusted -86% 5% 36% -39% 45%
Earnings per Share Growth - Diluted n/a -81% -8% -28% 18%
PE Ratio - Adjusted 119.7 21.4 21.0 31.8 13.3
PEG - Adjusted n/a 4.3 0.6 n/a 0.3
Dividend Cover 0.17 1.30 2.20 0.80 1.41
Continuing Operations & Discontinued Operations          
Earnings per Share Growth - Basic -100% 16% -85% 117% -60%
Earnings per Share Growth - Adjusted -86% 10,304% -99% 327% -64%
Earnings per Share Growth - Diluted -100% 16% -85% 117% -60%
PE Ratio - Adjusted 119.7 21.4 2,082.6 18.1 53.1
PEG - Adjusted n/a 0.0 n/a 0.1 n/a
Dividend Cover 0.17 1.30 0.02 1.41 0.35
           
Market Capitalisation £ (Millions) 2,283.90 2,847.10 4,241.74 5,862.25 3,222.77
Dividend per Share 42.73p 38.53p 21.74p 43.77p 41.06p
Dividend Yield 4.9% 3.6% 2.2% 3.9% 5.4%
Dividend per Share Growth 10.90% 77.23% (50.33%) 6.60% 29.12%

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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