Pennon Group (PNN)

Sector:

Utilities

Index:

FTSE 250

596.00p
   
  • Change Today:
    -1.50p
  • 52 Week High: 1,000.00
  • 52 Week Low: 551.00
  • Currency: UK Pounds
  • Shares Issued: 261.33m
  • Volume: 1,023,786
  • Market Cap: £1,557.51m
  • RiskGrade: 123
  • Beta: 0.02

Dividend Data

  31-Mar-2331-Mar-2231-Mar-2131-Mar-2031-Mar-19
Interim Dividend12.96p11.70p6.77p13.66p12.84p
Final Dividend29.77p26.83p14.97p30.11p28.22p
Total Dividend42.73p38.53p21.74p43.77p41.06p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 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
Operating Profit/(Loss) 109.40 221.40 190.40 237.60 325.30
Net Interest (118.20) (93.70) (58.30) (44.50) (77.40)
Profit Before Tax (8.50) 127.70 132.10 193.10 260.30
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 Holders of Parent Company 0.10 15.40 1,762.20 200.40 222.90
Minority Interests 0.30 0.20 (0.20) 5.90 (0.30)
           
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
Earnings per Share - Adjusted 7.30p 50.20p 47.80p 35.20p 57.80p
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
Earnings per Share - Adjusted 7.30p 50.20p 47.80p 61.70p 57.80p
           
Dividend per Share 42.73p 38.53p 21.74p 43.77p 41.06p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 4,476.90 4,264.00 3,221.00 3,171.80 4,509.40
Intangible Assets 178.80 177.80 43.50 43.50 477.10
Investment Properties n/a n/a n/a n/a n/a
Investments 0.30 n/a n/a n/a 51.10
Other Financial Assets 34.50 14.80 n/a n/a 70.50
Other Non-Current Assets 52.50 75.90 12.60 10.70 256.40
  4,743.00 4,532.50 3,277.10 3,226.00 5,364.50
Current Assets          
Inventories 10.00 7.70 5.40 4.90 28.80
Trade & Other Receivables 246.40 272.40 216.80 185.80 484.80
Cash at Bank & in Hand 165.40 519.00 2,919.30 665.90 569.60
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 20.70 5.60 1.40 2,679.90 11.80
  442.50 804.70 3,142.90 3,536.50 1,095.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 5,185.50 5,337.20 6,420.00 6,762.50 6,459.50
           
Liabilities          
Current Liabilities          
Borrowings 127.30 242.70 88.30 59.90 150.40
Other Current Liabilities 228.20 172.50 135.50 124.50 360.70
  355.50 415.20 223.80 184.40 511.10
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 3,040.10 2,997.80 2,766.70 3,654.90 3,498.70
Provisions 507.00 512.40 259.60 261.60 508.20
Other Non-Current Liabilities 157.70 137.20 185.10 193.20 261.70
  3,704.80 3,647.40 3,211.40 4,109.70 4,268.60
           
Other Liabilities n/a n/a n/a 756.30 n/a
Total Liabilities 4,060.30 4,062.60 3,435.20 5,050.40 4,779.70
           
Net Assets 1,125.20 1,274.60 2,984.80 1,712.10 1,679.80
           
Capital & Reserves          
Share Capital 159.50 161.70 171.80 171.30 171.10
Share Premium Account 237.60 235.50 232.10 227.00 223.60
Other Reserves 157.10 154.70 144.20 144.20 144.20
Retained Earnings 570.60 722.60 2,436.80 872.80 843.00
Shareholders Funds 1,124.80 1,274.50 2,984.90 1,415.30 1,381.90
           
Minority Interests/Other Equity 0.40 0.10 (0.10) 296.80 297.90
Total Equity 1,125.20 1,274.60 2,984.80 1,712.10 1,679.80
Cash Flow 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Cash Flow From Operating Activities 152.60 252.30 210.50 366.00 286.70
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (179.50) (547.90) 3,423.30 (323.30) (409.80)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (180.60) (2,021.70) (1,437.30) 63.60 85.80
Net Increase/Decrease In Cash 207.50 (2,317.30) 2,196.50 106.30 (37.30)
Ratios - based on IFRS 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
PE Ratio - Adjusted 119.7 21.4 21.0 31.8 13.3
PEG - Adjusted n/a 4.3 0.6 n/a 0.9
Earnings per Share Growth - Adjusted -86% 5% 36% -39% 14%
Dividend Cover 0.17 1.30 2.20 0.80 1.41
Revenue per Share 304.39p 253.86p 1.50p 151.52p 352.29p
Pre-Tax Profit per Share (3.25p) 40.92p 0.32p 45.95p 62.03p
Operating Margin 13.72% 27.94% 30.51% 37.32% 22.01%
Return on Capital Employed 2.37% 4.57% 0.03% 4.21% 6.30%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 119.7 21.4 2,082.6 18.1 13.3
PEG - Adjusted n/a 0.0 n/a 2.6 0.9
Earnings per Share Growth - Adjusted -86% 10,304% -99% 7% 14%
Dividend Cover 0.17 1.30 0.02 1.41 1.41
           
Dividend Yield 4.9% 3.6% 2.2% 3.9% 5.4%
Dividend per Share Growth 10.90% 77.23% (50.33%) 6.60% 6.40%
Operating Cash Flow per Share 58.27p 80.84p 49.99p 87.10p 68.33p
Cash Incr/Decr per Share 79.23p (742.49p) 5.26p 25.30p (8.89p)
Net Asset Value per Share (exc. Intangibles) 361.36p 351.43p 698.48p 397.10p 286.63p
Net Gearing 266.89% 213.53% -2.15% 215.42% 222.85%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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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