Pennon Group (PNN)

Sector:

Utilities

Index:

FTSE 250

930.00p
   
  • Change Today:
    -16.00p
  • 52 Week High: 1,113.00
  • 52 Week Low: 755.00
  • Currency: UK Pounds
  • Shares Issued: 261.29m
  • Volume: 673,108
  • Market Cap: £2,429.98m
  • RiskGrade: 123

Pennon 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.

1 Day Chart (03-02-2023)

1 Day Chart

6 Month Chart

6 Month Chart
Barclays logo

Digital Look Charts Sponsored by Barclays Stockbrokers

Pennon Financials

Latest F'cast
Div Yield 4.1% 0.0%
Div Cover 1.3 0.2
Op Mrgn 27.9% 20.2%
ROCE 4.6%  
Latest F'cast
P/E 18.5 103.9
PEG 3.7 n/a
Pr/Revenue 3.1 3.0
Pr/Book 1.9  
Latest F'cast
Revenue 27.0% 0.6%
PBT -3.3% 26.1%
EPS 5.0% -82.2%
DPS 77.2% 9.9%

Pennon Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-18 1,396.20 262.90 50.90p 13.0 1.6 +8% 38.59p 5.8%
31-Mar-19 1,478.20 260.30 57.80p 13.3 0.9 +14% 41.06p 5.4%
31-Mar-20 636.70 193.10 35.20p 31.8 n/a -39% 43.77p 3.9%
31-Mar-21 624.10 132.10 47.80p 21.0 0.6 +36% 21.74p 2.2%
31-Mar-22 792.30 127.70 50.20p 21.4 4.3 +5% 38.53p 3.6%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Pennon Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-23 797.29 160.97 8.95p 103.9 n/a -82% 42.33p 0.0%
31-Mar-24 864.06 208.95 27.98p 33.2 0.2 +213% 44.71p 0.0%
31-Mar-25 914.85 257.22 48.58p 19.1 0.3 +74% 46.60p 0.0%

Copyright © 2023 FactSet Research Systems Inc. All rights reserved.

Pennon Company Announcements

WaterShare+ Scheme 01-Feb-2023 16:56 RNS
Total Voting Rights 01-Feb-2023 10:21 RNS
Block listing Interim Review 01-Feb-2023 10:21 RNS

Pennon ShareCast News

Water companies 'falling short' of expectations ... 13-Dec-2022 ShareCast
Ofwat slams water cos over dividend payments, po... 08-Dec-2022 ShareCast
JPMorgan downgrades United Utilities 06-Dec-2022 ShareCast

Pennon Top Newspaper Links

‘No flood damage’ for utilities duo Pennon and S... 17-Feb-2014 The Independent
BID HOPES BOOST PENNON GROUP 27-Jul-2011 Express & Star
Viridor buys family-owned Storm Recycling for £1... 08-Jun-2011 The Independent

Latest Pennon Director Deals

Traded Action Notifier PriceAmountValue
19-Jan-23 Buy Paul Boote 917.17p 16 £146.75
19-Jan-23 Buy Susan Davy 917.17p 16 £146.75
19-Dec-22 Buy Paul Boote 888.00p 17 £150.96

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: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Pennon Market Data

Currency UK Pounds
Share Price 930.00p
Change Today -16.00p
% Change -1.69 %
52 Week High 1,113.00
52 Week Low 755.00
Volume 673,108
Shares Issued 261.29m
Market Cap £2,429.98m
RiskGrade 123

Pennon Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.8% below the market average74.8% below the market average74.8% below the market average74.8% below the market average74.8% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Price Trend
23.03% below the market average23.03% below the market average23.03% below the market average23.03% below the market average23.03% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Income
40.19% above the market average40.19% above the market average40.19% above the market average40.19% above the market average40.19% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
74.62% below the market average74.62% below the market average74.62% below the market average74.62% below the market average74.62% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 5
Sell 0
Strong Sell 2
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Pennon Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Jan-23 21-Jul-22
Paid 05-Apr-23 05-Sep-22
Amount 12.96p 26.83p

Trades for 03-Feb-2023

Time Volume / Share Price
17:07 219 @ 936.42p
17:07 2,087 @ 936.42p
17:06 219 @ 936.23p
17:06 2,087 @ 936.23p
16:43 75,000 @ 930.00p

Pennon Key Personnel

Chair Gill Rider
CEO Susan Davy
CFO Paul Boote

Top of Page