Pennon Group (PNN)

Sector:

Utilities

Index:

FTSE 250

707.00p
   
  • Change Today:
    -23.50p
  • 52 Week High: 971.00
  • 52 Week Low: 551.00
  • Currency: UK Pounds
  • Shares Issued: 261.33m
  • Volume: 1,217,872
  • Market Cap: £1,847.59m
  • RiskGrade: 123
  • Beta: 0.79

Pennon Overview

Founded in 1989, Pennon is a FTSE 250 listed company and one of the leading businesses in the UK water sector, providing clean water and wastewater services through our businesses across the Great South West, serving a population of c.3.5 million, across nine counties and c.380,000 business customers across the UK.

1 Day Chart (30-11-2023)

1 Day Chart

6 Month Chart

6 Month Chart
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Pennon Financials

Latest F'cast
Div Yield 6.0% 0.0%
Div Cover 0.2 0.2
Op Mrgn 13.7% 20.1%
ROCE 3.0%  
Latest F'cast
P/E 96.8 78.3
PEG n/a 3.3
Pr/Revenue 2.3 2.1
Pr/Book 1.6  
Latest F'cast
Revenue 0.6% 9.9%
PBT n/a n/a
EPS -85.5% 23.7%
DPS 10.9% 6.0%

Pennon Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
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%
31-Mar-23 797.20 (8.50) 7.30p 119.7 n/a -86% 42.73p 4.9%

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-24 876.37 176.45 9.03p 78.3 3.3 +24% 45.31p 0.0%
31-Mar-25 920.94 205.45 23.96p 29.5 0.2 +165% 47.40p 0.0%
31-Mar-26 1,061.26 326.42 63.04p 11.2 0.1 +163% 48.41p 0.0%

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

Pennon Company Announcements

Half Year Results 2023/24 29-Nov-2023 07:00 RNS
Chief Financial Officer Succession 27-Nov-2023 09:30 RNS
Director/PDMR Shareholding 21-Nov-2023 16:44 RNS

Pennon ShareCast News

London close: Stocks mixed as US GDP growth tops... 29-Nov-2023 ShareCast
Pennon revenue rises, profit slides in first half 29-Nov-2023 ShareCast
Jefferies upgrades UK water companies 16-Oct-2023 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
20-Nov-23 Buy Paul Boote 749.88p 20 £149.98
20-Nov-23 Buy Susan Davy 749.88p 20 £149.98
19-Oct-23 Buy Susan Davy 682.00p 22 £150.04

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 707.00p
Change Today -23.50p
% Change -3.22 %
52 Week High 971.00
52 Week Low 551.00
Volume 1,217,872
Shares Issued 261.33m
Market Cap £1,847.59m
Beta 0.79
RiskGrade 123

Pennon Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.76% below the market average27.76% below the market average27.76% below the market average27.76% below the market average27.76% below the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Price Trend
38.09% below the market average38.09% below the market average38.09% below the market average38.09% below the market average38.09% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income
30.91% above the market average30.91% above the market average30.91% above the market average30.91% above the market average30.91% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
88.9% below the market average88.9% below the market average88.9% below the market average88.9% below the market average88.9% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 5
Sell 2
Strong Sell 0
Total 12
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 25-Jan-24 20-Jul-23
Paid 05-Apr-24 04-Sep-23
Amount 14.04p 29.77p

Trades for 30-Nov-2023

Time Volume / Share Price
16:45 9,557 @ 701.00p
16:45 410 @ 701.00p
16:36 3,000 @ 707.00p
16:36 3,000 @ 707.00p
16:35 980,314 @ 707.00p

Pennon Key Personnel

Chair Gill Rider
CEO Susan Davy
CFO Paul Boote

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