View ValuationPennon Group 향후 성장Future 기준 점검 1/6Pennon Group (는) 각각 연간 15.9% 및 5.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 18.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.9% 로 예상됩니다.핵심 정보15.9%이익 성장률18.23%EPS 성장률Water Utilities 이익 성장10.0%매출 성장률5.8%향후 자기자본이익률10.86%애널리스트 커버리지Good마지막 업데이트01 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Jan 07Pennon Group plc Announces Termination of Susan Jane Davy as Director, Effective December 31, 2025Pennon Group Plc announced the termination of Mrs. Susan Jane Davy as director, effective December 31, 2025.공지 • Nov 27+ 2 more updatesPennon Group Plc to Report First Half, 2027 Results on Dec 01, 2026Pennon Group Plc announced that they will report first half, 2027 results on Dec 01, 2026공지 • Oct 08Pennon Group Appoints Sir Andrew Haines as Non-Executive Director with Effect from 1 November 2025Pennon Group Plc announced the appointment of Sir Andrew Haines as a Non-Executive Director with effect from 1 November 2025. Sir Andrew brings extensive leadership experience from across the UK's transport and regulatory sectors, having most recently served as Chief Executive of Network Rail from 2018 to 2025. During his tenure at Network Rail, Sir Andrew led a major organisational restructure in preparation for the creation of Great British Railways and delivered a £4 billion efficiency programme. He has been instrumental in the successful and ongoing delivery of £10 billion of infrastructure investment between Manchester and York, and beyond. His career also includes serving as Chief Executive of the Civil Aviation Authority and holding senior roles in the rail industry, including Managing Director of South West Trains and the Rail Division of First Group plc. He was awarded an OBE in the 2016 New Year Honours and received a Knighthood in the 2025 Honours list for services to transport and the economy.공지 • Oct 02+ 1 more updatePennon Group Announces the Appointment of Keith Haslett as Chief Executive OfficerPennon Group announced the appointment of Keith Haslett as Chief Executive Officer . Keith has been the CEO of Affinity Water since January 2023 and is currently expected to join Pennon during 2026, following his notice period. During his tenure at Affinity, Keith has delivered significant improvements in business performance and customer outcomes. Prior to Affinity, Keith held senior executive roles at Northumbrian Water Group and United Utilities, where he led large-scale water and wastewater operations, overseeing multi-billion-pound asset portfolios and complex capital programmes. During his time at United Utilities, it achieved top-tier environmental performance, embedded data driven asset management, and transformed operational structures. Keith is a Chartered Civil Engineer and holds an MBA from Queen's University Belfast. Keith succeeds Susan Davy, who has served as Chief Executive of Pennon Group since 2020. Having worked for 18 years in the company and over 30 years in the water industry, Pennon Group announced in July this year that Susan has decided to retire from the Board.공지 • Sep 17Pennon Group Plc to Report First Half, 2026 Results on Nov 27, 2025Pennon Group Plc announced that they will report first half, 2026 results on Nov 27, 2025공지 • Jul 11+ 1 more updatePennon Group plc Announces Retirement of Susan Davy from the BoardPennon Group PLC announced that Susan Davy has decided to retire from the Board of Pennon Group. Susan was appointed Chief Executive Officer on July 31, 2020, having served on the Board as Chief Financial Officer since 2015. After more than 18 years with the Group, and nearly 30 years in the water sector, Susan has decided that the time is right for her to hand over to a new leader. The Board will now conduct a formal process to appoint a successor. Susan will continue as Group Chief Executive during this time and will leave in due course, ensuring a smooth and orderly transition. Under Susan's leadership, Pennon has been reshaped around four strategic priorities. She led the acquisitions of Bournemouth Water, Bristol Water, and SES (Surrey and East Sutton) Water, as well as the successful Viridor sale for £4.2bn. In January, she announced Pennon's plans for a record £3.2 billion capital investment programme over the next five years. Susan has also been the architect of the Watershare+ scheme, giving customers a stake and a say in their local water company.공지 • Jun 26Pennon Group Plc, Annual General Meeting, Jul 24, 2025Pennon Group Plc, Annual General Meeting, Jul 24, 2025. Location: peninsula house, rydon lane, exeter, ex2 7hr, United Kingdom공지 • Jun 03Pennon Group plc Recommends Final Dividend for the Year Ended March 31, 2025Pennon Group Plc in January 2025 announced the dividend policy to 2030 of growing the base dividend in line with CPIH. As a result, they have recommended a final dividend of 19.43 pence per share for the year ended 31 March 2025. Together with the interim dividend of 12.14 pence per share paid on 4 April 2025 this gives a total dividend per share for the year of 31.57 pence. Proposed dividends per share for the 2024 comparative period have been restated and adjusted for the bonus factor of 1.21 to reflect the bonus element of the February 2025 rights issue, in accordance with IAS 33 Earnings per Share. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP). The proposed total dividend for 2024/25 is increased by 5.4% year on year to £133.7 million (2023/24: £126.9 million adjusted for £2.4 million fines). This reflects an increase in line with CPIH on the 2023/24 dividend adjusted to remove the £2.4 million one off deduction in respect of the fine from the Environmental Agency paid by SWW.공지 • Apr 08Pennon Group plc Appoints Andrea Blance as Non-Executive Director and Chair of the Remuneration Committee, Effective April 8, 2025The Board of Pennon Group Plc announced that Andrea Blance has been appointed as a Non-Executive Director and Chair of the Remuneration Committee of the Company with effect from 8 April 2025. Andrea brings extensive risk and regulation expertise and is passionate about developing customer focused commercial strategies, following a long career in Financial Services. She is a Non-Executive Director and Risk Committee Chair at Aviva plc and an Advisory Board Member of The Mentoring Foundation. Andrea spent her executive career at Legal & General Group plc where she held a range of senior leadership roles including Group Chief Risk Officer and Strategy & Marketing Director. More recently, Andrea has been Risk Committee Chair at Hargreaves Lansdown plc, Senior Independent Director and Remuneration Committee Chair of Vanquis Banking Group plc, Senior Independent Director and Audit Committee Chair of ReAssure plc, and Risk Committee Chair of Scottish Widows plc and Lloyds Banking Group Insurance.공지 • Feb 19Pennon Group Plc has completed a Follow-on Equity Offering in the amount of £490.849925 million.Pennon Group Plc has completed a Follow-on Equity Offering in the amount of £490.849925 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 185,928,002 Price\Range: £2.64 Discount Per Security: £0.066 Transaction Features: Regulation S; Rights Offering공지 • Jan 30Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £490.849925 million.Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £490.849925 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 185,928,002 Price\Range: £2.64 Discount Per Security: £0.066 Transaction Features: Regulation S; Rights Offering공지 • Jan 06Pennon Group Plc to Report Fiscal Year 2025 Final Results on Jun 03, 2025Pennon Group Plc announced that they will report fiscal year 2025 final results on Jun 03, 2025공지 • Nov 27Pennon Group Plc Declares an Interim Dividend for the Half Year Ended 30 September 2024, Payable April 4, 2025Pennon Group Plc announced that the Board has declared an interim dividend of 14.69 pence per share for the half year ended 30 September 2024. Record date: January 31, 2025. Payment date: April 4, 2025.공지 • Nov 11Pennon Group plc Announces Retirement of Claire Ighodaro CBE from Board of Directors and Chair of the Remuneration Committee, Effective December 31, 2024Pennon Group Plc announced that Claire Ighodaro CBE will retire from the Company's Board of Directors and as Chair of the Remuneration Committee with effect from 31st December 2024. Plans are in place to appoint a Non-Executive Director and Chair of the Remuneration Committee.Upcoming Dividend • Jul 18Upcoming dividend of UK£0.30 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 05 September 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.9%).공지 • Jul 11Pennon Group Plc Announces Chief Financial Officer ChangesPennon Group Plc announced that Steve Buck, Chief Financial Officer, has decided to step down for personal reasons. Steve will be succeeded by Laura Flowerdew, as the Board enacts its internal succession plan. Laura is Chief Customer and Digital Officer of Pennon Group and previously Chief Financial Officer at Bristol Water plc. This is effective July 11, 2024. Laura Flowerdew was appointed Chief Customer and Digital Officer of Pennon Group in September 2022. She was previously an executive director and Chief Financial Officer of Bristol Water plc from October 2018 including a period as Deputy CEO. Alongside her financial responsibilities her role also encompassed leading the company's transformation programme, as well as IT, HR, business services and communications. Laura previously worked in several executive positions in utilities and natural resources businesses including Bristol Energy, Anglo American and De Beers. She is a Fellow of the Institute of Chartered Accountants for England and Wales.Reported Earnings • May 22Full year 2024 earnings released: UK£0.036 loss per share (vs UK£0 in FY 2023)Full year 2024 results: UK£0.036 loss per share (further deteriorated from UK£0 in FY 2023). Revenue: UK£907.8m (up 14% from FY 2023). Net loss: UK£9.50m (down UK£9.60m from profit in FY 2023). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.공지 • May 22Pennon Group Plc Recommends Revised Final Dividend for the Year 2023-24Pennon Group Plc revised final dividend recommended is 30.33 pence per share for the year 2023-24.Upcoming Dividend • Jan 18Upcoming dividend of UK£0.14 per share at 6.2% yieldEligible shareholders must have bought the stock before 25 January 2024. Payment date: 05 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 6.2%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.4%).공지 • Jan 11+ 2 more updatesPennon Group Plc (LSE:PNN) acquired Sumisho Osaka Gas Water UK Limited from Osaka Gas UK, Ltd. and Summit Water Limited for £89 million.Pennon Group Plc (LSE:PNN) acquired Sumisho Osaka Gas Water UK Limited from Osaka Gas UK, Ltd. and Summit Water Limited for £89 million on January 10, 2024. The transaction was also to include the acquisition of Sumisho Osaka's subsidiary company Sutton and East Surrey Water plc and certain other ancillary businesses. As part of the agreement, Pennon is issuing new Ordinary Shares to raise up to £180 million in connection with the Acquisition. Following regulatory confirmation, Pennon intends to provide an equity injection to enhance SES Water’s financial resilience, bringing their gearing from 88% to within Pennon’s well-established water business gearing range of 55% to 65%, giving customers assurance that SES Water can invest sustainably over the long term in infrastructure and services. The Acquisition is being financed from existing cash and financial resources and the acquisition being partially funded by a contribution from Pennon’s shareholders through an equity raise, demonstrating their belief in the quality of the business. Proceeds from the equity capital raise will be used in connection with the acquisition to ensure that the enlarged Pennon Group remains within our well established water business gearing range of 55-65% following completion. As of March 31, 2023, Sumisho Osaka reported gross assets of approximately £610 million and Loss before tax of 31 million. The Acquisition will increase the size and scale of the Group to serve a total population of c.4.3 million and will deliver an estimated c.7% increase in RCV on acquisition, bringing total expected RCV growth for Pennon to 71% over K7. It also adds another 476 dedicated employees to the Group, enabling access to a new, wider and diverse talent pool in Southern England. Following regulatory approvals, SES Water’s employees will join Pennon Group, bringing their expertise and local knowledge with them to ensure that customers have continuity and confidence in the high quality, local service delivery that they are used to. The acquisition of SES Water is in addition to Pennon’s current water business expected investment of £850 million over 24 months.Completion of the acquisition, which is not subject to any conditions, has already occurred. The Acquisition is now subject to review by the Competition and Markets Authority, with input from Ofwat. In reviewing the Acquisition, the Board considered a range of factors including earnings accretion, value creation from the impact on shareholder returns and the impact on customers and other stakeholders. The Acquisition expected to increase the Group’s RCV by c.7% on acquisition, resulting in a total expected Group RCV of c.£5.8 billion by 2025. Consistent with Pennon’s successful track record of value creation through the realisation of synergies, a run rate of £11 million (p.a. is anticipated, enabling enhanced shareholder returns, driven by operational efficiency initiatives, lower financing costs and economies of scale. There is not expected to be any funding impact on Southwest Water’s plans to otherwise deliver a compelling AMP8 investment plan; nor will it impact SES Water’s ability to deliver the same. The transaction is Expected to be earnings accretive from the first year of full ownership (2024/25), and to generate attractive returns whilst sup porting further RCV growth in the 2020 2025 regulatory period (K7), bringing total expected increase over K7 for Pennon to 71%.Alisdair Gayne, Iain Smedley, Osman Akkaya and Richard Bassingthwaighte of Barclays Bank PLC acted as Lead Financial Adviser and Joint Corporate Broker to Pennon Group. Andrew Foster, Francesco Puletti, George Chalaris and Josh Williams of Morgan Stanley & Co. International plc acted as Joint Financial Adviser and Joint Corporate Broker to Pennon Group.Pennon Group Plc (LSE:PNN) completed the acquisition of Sumisho Osaka Gas Water UK Limited from Osaka Gas UK, Ltd. and Summit Water Limited on January 10, 2024.공지 • Jan 10Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £180 million.Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £180 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 294,840,295 Price\Range: £0.6105 Transaction Features: Subsequent Direct ListingReported Earnings • Nov 30First half 2024 earnings released: EPS: UK£0.005 (vs UK£0.07 in 1H 2023)First half 2024 results: EPS: UK£0.005 (down from UK£0.07 in 1H 2023). Revenue: UK£448.6m (up 5.4% from 1H 2023). Net income: UK£1.40m (down 92% from 1H 2023). Profit margin: 0.3% (down from 4.3% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.공지 • Nov 29Pennon Group Plc Declares Interim Dividend for the First Half of the Year 2023-2024, Payable on April 5, 2024Pennon Group Plc announced that for first half of the year 2023-24 the Board has declared an interim dividend of 14.04 pence, representing an increase of 8.3% on H1 2022-23 (H1 2022-23 interim dividend of 12.96 pence). The interim dividend will be paid on 5 April 2024 to shareholders on the register on 26 January 2024.공지 • Nov 17Pennon Group Plc to Report First Half, 2025 Results on Nov 28, 2024Pennon Group Plc announced that they will report first half, 2025 results on Nov 28, 2024공지 • Nov 01+ 1 more updatePennon Group Plc to Report Fiscal Year 2024 Results on Jun 10, 2024Pennon Group Plc announced that they will report fiscal year 2024 results on Jun 10, 2024공지 • Sep 01Pennon Group plc Announces Board ChangesPennon Group plc announced at the Company's Annual General Meeting on 20 July 2023, Neil Cooper, current Senior Independent Director, will be stepping down from the Board, having served nine years with the Company and Iain Evans, Non-Executive Director, will succeed Neil as Senior Independent Director with effect from 1 September 2023. Following Neil Cooper's departure, Loraine Woodhouse, who joined the Board in December 2022, will become Chair of the Audit Committee with immediate effect. Loraine has extensive experience in financial roles and has the full support of the Board in her new role.Buying Opportunity • Aug 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €9.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 58%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 41% per annum over the same time period.공지 • Aug 03Pennon Group Plc Announces Chief Financial Officer ChangesPennon Group Plc announced that Paul Boote has informed the Board of his decision to step down from his role as Chief Financial Officer at the end of the calendar year. Paul's decision, made for family reasons, comes aspart of a planned relocation away from the South West. The Board also announces that following a rigorous internal and external search and selection process, Steve Buck will be appointed to the Board in November 2023 and will take up his role as Chief Financial Officer (CFO) for Pennon Group and its subsidiaries at the end of December 2023. Steve Buck is an experienced CFO and is currently on the board of Anglian Water Group as Chief Financial Officer, with a broad remit covering finance, treasury, regulation, and transformation, a role he has held for the past four years. Steve has significant regulated utilities and energy sector experience and a demonstrable track record of driving performance. He also brings Plc experience having held senior roles at Centrica Plc, including Group Head, Finance and Transformation, and as Finance Director, British Gas, following an earlier career spanning over sixteen years in the water sector. Paul will leave the business following the Group's half year 2023/24 results, at the end of December, ensuring an orderly handover with Steve.공지 • Jul 14Pennon Group Plc (LSE:PNN) acquired three renewable energy generation projects.Pennon Group Plc (LSE:PNN) acquired three renewable energy generation projects on July 13, 2023.Pennon Group Plc (LSE:PNN) completed the acquisition of three renewable energy generation projects on July 13, 2023.Upcoming Dividend • Jul 13Upcoming dividend of UK£0.30 per share at 6.1% yieldEligible shareholders must have bought the stock before 20 July 2023. Payment date: 04 September 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.8%).Recent Insider Transactions • Jul 06Group CEO & Executive Director recently sold €328k worth of stockOn the 3rd of July, Susan Davy sold around 40k shares on-market at roughly €8.27 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Susan has been a net seller over the last 12 months, reducing personal holdings by €328k.Reported Earnings • Jun 02Full year 2023 earnings released: EPS: UK£0 (vs UK£0.049 in FY 2022)Full year 2023 results: EPS: UK£0 (down from UK£0.049 in FY 2022). Revenue: UK£797.2m (flat on FY 2022). Net income: UK£100.0k (down 99% from FY 2022). Profit margin: 0% (down from 1.9% in FY 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.공지 • Jun 02Pennon Group Plc Recommends Final Dividend for the Year Ended 31 March 2023, Payable on 04 September 2023The Board of Pennon Group Plc has recommended a final dividend of 29.77 pence per share (2022 26.83 pence) for the year ended 31 March 2023. Together with the interim dividend of 12.96 pence per share paid on 5 April 2023 this gives a total dividend for the year of 42.73 pence. This represents an increase of 10.9% (March 2023 CPIH + 2%) on 2021/22. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP). Ordinary shares quoted ex-dividend date is 20 July 2023. Record date for final dividend is 21 July 2023. Final dividend payment date is 04 September 2023.공지 • May 20Pennon Group Plc to Report Fiscal Year 2024 Results on May 21, 2024Pennon Group Plc announced that they will report fiscal year 2024 results on May 21, 2024Upcoming Dividend • Jan 19Upcoming dividend of UK£0.13 per shareEligible shareholders must have bought the stock before 26 January 2023. Payment date: 05 April 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.1%).Buying Opportunity • Dec 10Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €13.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 9.1% in 2 years. Earnings is forecast to grow by 66% in the next 2 years.Reported Earnings • Dec 01First half 2023 earnings releasedFirst half 2023 results: Revenue: UK£425.5m (up 9.3% from 1H 2022). Net income: UK£18.3m (up UK£40.6m from 1H 2022). Profit margin: 4.3% (up from net loss in 1H 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry.공지 • Nov 08+ 1 more updatePennon Group Plc to Report First Half, 2024 Results on Nov 29, 2023Pennon Group Plc announced that they will report first half, 2024 results on Nov 29, 2023공지 • Aug 18Pennon Group Plc to Report Fiscal Year 2023 Results on Jun 01, 2023Pennon Group Plc announced that they will report fiscal year 2023 results on Jun 01, 2023Upcoming Dividend • Jul 14Upcoming dividend of UK£0.27 per shareEligible shareholders must have bought the stock before 21 July 2022. Payment date: 05 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (3.9%).Reported Earnings • Jun 01Full year 2022 earnings released: EPS: UK£0.049 (vs UK£0.38 in FY 2021)Full year 2022 results: EPS: UK£0.049 (down from UK£0.38 in FY 2021). Revenue: UK£792.3m (up 27% from FY 2021). Net income: UK£15.4m (down 86% from FY 2021). Profit margin: 1.9% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 5.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buying Opportunity • Mar 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be UK£14.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% per annum over the last 3 years. Earnings per share has declined by 43% per annum over the last 3 years.Upcoming Dividend • Jan 20Upcoming dividend of UK£0.12 per shareEligible shareholders must have bought the stock before 27 January 2022. Payment date: 05 April 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.5%).Reported Earnings • Dec 02First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: UK£0.063 loss per share (down from UK£0.18 profit in 1H 2021). Revenue: UK£389.3m (up 30% from 1H 2021). Net loss: UK£22.3m (down 144% from profit in 1H 2021). Revenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 6.4%, compared to a 4.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 16Upcoming dividend of UK£0.22 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 02 September 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 33% share price decline to UK£13.44, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Water Utilities industry globally. Total returns to shareholders of 123% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.56 per share.Upcoming Dividend • Jun 28Upcoming dividend of UK£3.55 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 16 July 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.6%).Reported Earnings • Jun 05Full year 2021 earnings released: EPS UK£0.26 (vs UK£0.28 in FY 2020)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: UK£624.1m (flat on FY 2020). Net income: UK£107.5m (down 7.8% from FY 2020). Profit margin: 17% (down from 19% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공지 • Jun 03+ 1 more updatePennon Group plc Recommends A Final Dividend for 2020/21, Payable on September 2, 2021Pennon Group Plc announced that the Board has recommended a final dividend for 2020/21 of 14.97p per share, subject to shareholder approval at the Annual General Meeting on 22 July 2021. Together with the interim dividend of 6.77p, this will result in a total dividend of 21.74p per share, an increase of 3.0% on the re-based 2019/20 dividend of 21.11p. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP). Payable on September 2, 2021. Record date is July 23, 2021. Ordinary shares quoted ex-dividend is July 22, 2021.Is New 90 Day High Low • Mar 11New 90-day high: €11.10The company is up 7.0% from its price of €10.39 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.86 per share.Is New 90 Day High Low • Dec 12New 90-day low: €10.39The company is down 6.0% from its price of €11.08 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.92 per share.Reported Earnings • Nov 26Second quarter 2021 earnings released: EPS UK£0.06The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: UK£149.6m (down 8.2% from 2Q 2020). Net income: UK£25.3m (down 42% from 2Q 2020). Profit margin: 17% (down from 27% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공지 • Nov 24+ 1 more updatePennon Group Plc, Annual General Meeting, Jul 22, 2021Pennon Group Plc, Annual General Meeting, Jul 22, 2021.공지 • Nov 17Pennon Group Reportedly Eyes Rival Southern WaterBritish water and wastewater company Pennon Group Plc (LSE:PNN) is considering a takeover of rival Southern Water Services Limited, according to the Sunday Times. Pennon sold its waste-management arm to KKR & Co. for £4.2 Billion ($5.5 Billion) in March (2020), in one of the biggest deals at the start of the coronavirus pandemic. The deal was set to include net cash proceeds of £3.7 Billion, and Pennon wants to use the funds for a takeover rather than hand it back to shareholders, the Sunday Times said. Southern has faced a turbulent period in recent years, including regulator investigations and concern about high dividends and debt, according to the Times. Pennon has also examined other companies, with Southern Water the most likely target, the report said. Representatives for Pennon and Southern Water declined to comment on the report when contacted by Bloomberg.Is New 90 Day High Low • Oct 31New 90-day low: €10.98The company is down 6.0% from its price of €11.64 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.41 per share.이익 및 매출 성장 예측DB:3PN - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20291,479149-18265643/31/20281,458163-180575103/31/20271,383155-261533123/31/20261,288129-377452129/30/20251,17830-410189N/A6/30/20251,112-14-492141N/A3/31/20251,047-58-57594N/A12/31/20241,016-50-544133N/A9/30/2024985-41-512173N/A6/30/2024946-25-481161N/A3/31/2024907-9-450149N/A12/31/2023863-13-382140N/A9/30/2023819-17-315132N/A6/30/2023808-8-247142N/A3/31/20237960-179153N/A12/31/202281228-112185N/A9/30/202282856-45218N/A6/30/202280936-11235N/A3/31/20227911523252N/A12/31/20217522530244N/A9/30/20217133538236N/A6/30/20216687129223N/A3/31/202162310820211N/A12/31/20206169412233N/A9/30/2020609804256N/A6/30/20206229819311N/A3/31/202063611733366N/A9/30/2019203140-11358N/A6/30/2019413150N/A322N/A3/31/2019624160N/A287N/A12/31/20181,438216N/A290N/A9/30/20181,407217N/A293N/A6/30/20181,397209N/A322N/A3/31/20181,387201N/A352N/A12/31/20171,387191N/A315N/A9/30/20171,388182N/A278N/A6/30/20171,367173N/A298N/A3/31/20171,346164N/A319N/A12/31/20161,347160N/A309N/A9/30/20161,349156N/A300N/A6/30/20161,351154N/A274N/A3/31/20161,352152N/A247N/A12/31/20151,353136N/A255N/A9/30/20151,354121N/A262N/A6/30/20151,356123N/A245N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 3PN 의 연간 예상 수익 증가율(15.9%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 3PN 의 연간 수익(15.9%)이 German 시장(16.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 3PN 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 3PN 의 수익(연간 5.8%)이 German 시장(연간 6.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 3PN 의 수익(연간 5.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 3PN의 자본 수익률은 3년 후 10.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 08:22종가2026/05/07 00:00수익2025/09/30연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Pennon Group Plc는 24명의 분석가가 다루고 있습니다. 이 중 12명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Dominic NashBarclaysDominic NashBarclaysJohn MuskBarclays21명의 분석가 더 보기
공지 • Jan 07Pennon Group plc Announces Termination of Susan Jane Davy as Director, Effective December 31, 2025Pennon Group Plc announced the termination of Mrs. Susan Jane Davy as director, effective December 31, 2025.
공지 • Nov 27+ 2 more updatesPennon Group Plc to Report First Half, 2027 Results on Dec 01, 2026Pennon Group Plc announced that they will report first half, 2027 results on Dec 01, 2026
공지 • Oct 08Pennon Group Appoints Sir Andrew Haines as Non-Executive Director with Effect from 1 November 2025Pennon Group Plc announced the appointment of Sir Andrew Haines as a Non-Executive Director with effect from 1 November 2025. Sir Andrew brings extensive leadership experience from across the UK's transport and regulatory sectors, having most recently served as Chief Executive of Network Rail from 2018 to 2025. During his tenure at Network Rail, Sir Andrew led a major organisational restructure in preparation for the creation of Great British Railways and delivered a £4 billion efficiency programme. He has been instrumental in the successful and ongoing delivery of £10 billion of infrastructure investment between Manchester and York, and beyond. His career also includes serving as Chief Executive of the Civil Aviation Authority and holding senior roles in the rail industry, including Managing Director of South West Trains and the Rail Division of First Group plc. He was awarded an OBE in the 2016 New Year Honours and received a Knighthood in the 2025 Honours list for services to transport and the economy.
공지 • Oct 02+ 1 more updatePennon Group Announces the Appointment of Keith Haslett as Chief Executive OfficerPennon Group announced the appointment of Keith Haslett as Chief Executive Officer . Keith has been the CEO of Affinity Water since January 2023 and is currently expected to join Pennon during 2026, following his notice period. During his tenure at Affinity, Keith has delivered significant improvements in business performance and customer outcomes. Prior to Affinity, Keith held senior executive roles at Northumbrian Water Group and United Utilities, where he led large-scale water and wastewater operations, overseeing multi-billion-pound asset portfolios and complex capital programmes. During his time at United Utilities, it achieved top-tier environmental performance, embedded data driven asset management, and transformed operational structures. Keith is a Chartered Civil Engineer and holds an MBA from Queen's University Belfast. Keith succeeds Susan Davy, who has served as Chief Executive of Pennon Group since 2020. Having worked for 18 years in the company and over 30 years in the water industry, Pennon Group announced in July this year that Susan has decided to retire from the Board.
공지 • Sep 17Pennon Group Plc to Report First Half, 2026 Results on Nov 27, 2025Pennon Group Plc announced that they will report first half, 2026 results on Nov 27, 2025
공지 • Jul 11+ 1 more updatePennon Group plc Announces Retirement of Susan Davy from the BoardPennon Group PLC announced that Susan Davy has decided to retire from the Board of Pennon Group. Susan was appointed Chief Executive Officer on July 31, 2020, having served on the Board as Chief Financial Officer since 2015. After more than 18 years with the Group, and nearly 30 years in the water sector, Susan has decided that the time is right for her to hand over to a new leader. The Board will now conduct a formal process to appoint a successor. Susan will continue as Group Chief Executive during this time and will leave in due course, ensuring a smooth and orderly transition. Under Susan's leadership, Pennon has been reshaped around four strategic priorities. She led the acquisitions of Bournemouth Water, Bristol Water, and SES (Surrey and East Sutton) Water, as well as the successful Viridor sale for £4.2bn. In January, she announced Pennon's plans for a record £3.2 billion capital investment programme over the next five years. Susan has also been the architect of the Watershare+ scheme, giving customers a stake and a say in their local water company.
공지 • Jun 26Pennon Group Plc, Annual General Meeting, Jul 24, 2025Pennon Group Plc, Annual General Meeting, Jul 24, 2025. Location: peninsula house, rydon lane, exeter, ex2 7hr, United Kingdom
공지 • Jun 03Pennon Group plc Recommends Final Dividend for the Year Ended March 31, 2025Pennon Group Plc in January 2025 announced the dividend policy to 2030 of growing the base dividend in line with CPIH. As a result, they have recommended a final dividend of 19.43 pence per share for the year ended 31 March 2025. Together with the interim dividend of 12.14 pence per share paid on 4 April 2025 this gives a total dividend per share for the year of 31.57 pence. Proposed dividends per share for the 2024 comparative period have been restated and adjusted for the bonus factor of 1.21 to reflect the bonus element of the February 2025 rights issue, in accordance with IAS 33 Earnings per Share. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP). The proposed total dividend for 2024/25 is increased by 5.4% year on year to £133.7 million (2023/24: £126.9 million adjusted for £2.4 million fines). This reflects an increase in line with CPIH on the 2023/24 dividend adjusted to remove the £2.4 million one off deduction in respect of the fine from the Environmental Agency paid by SWW.
공지 • Apr 08Pennon Group plc Appoints Andrea Blance as Non-Executive Director and Chair of the Remuneration Committee, Effective April 8, 2025The Board of Pennon Group Plc announced that Andrea Blance has been appointed as a Non-Executive Director and Chair of the Remuneration Committee of the Company with effect from 8 April 2025. Andrea brings extensive risk and regulation expertise and is passionate about developing customer focused commercial strategies, following a long career in Financial Services. She is a Non-Executive Director and Risk Committee Chair at Aviva plc and an Advisory Board Member of The Mentoring Foundation. Andrea spent her executive career at Legal & General Group plc where she held a range of senior leadership roles including Group Chief Risk Officer and Strategy & Marketing Director. More recently, Andrea has been Risk Committee Chair at Hargreaves Lansdown plc, Senior Independent Director and Remuneration Committee Chair of Vanquis Banking Group plc, Senior Independent Director and Audit Committee Chair of ReAssure plc, and Risk Committee Chair of Scottish Widows plc and Lloyds Banking Group Insurance.
공지 • Feb 19Pennon Group Plc has completed a Follow-on Equity Offering in the amount of £490.849925 million.Pennon Group Plc has completed a Follow-on Equity Offering in the amount of £490.849925 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 185,928,002 Price\Range: £2.64 Discount Per Security: £0.066 Transaction Features: Regulation S; Rights Offering
공지 • Jan 30Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £490.849925 million.Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £490.849925 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 185,928,002 Price\Range: £2.64 Discount Per Security: £0.066 Transaction Features: Regulation S; Rights Offering
공지 • Jan 06Pennon Group Plc to Report Fiscal Year 2025 Final Results on Jun 03, 2025Pennon Group Plc announced that they will report fiscal year 2025 final results on Jun 03, 2025
공지 • Nov 27Pennon Group Plc Declares an Interim Dividend for the Half Year Ended 30 September 2024, Payable April 4, 2025Pennon Group Plc announced that the Board has declared an interim dividend of 14.69 pence per share for the half year ended 30 September 2024. Record date: January 31, 2025. Payment date: April 4, 2025.
공지 • Nov 11Pennon Group plc Announces Retirement of Claire Ighodaro CBE from Board of Directors and Chair of the Remuneration Committee, Effective December 31, 2024Pennon Group Plc announced that Claire Ighodaro CBE will retire from the Company's Board of Directors and as Chair of the Remuneration Committee with effect from 31st December 2024. Plans are in place to appoint a Non-Executive Director and Chair of the Remuneration Committee.
Upcoming Dividend • Jul 18Upcoming dividend of UK£0.30 per shareEligible shareholders must have bought the stock before 25 July 2024. Payment date: 05 September 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.9%).
공지 • Jul 11Pennon Group Plc Announces Chief Financial Officer ChangesPennon Group Plc announced that Steve Buck, Chief Financial Officer, has decided to step down for personal reasons. Steve will be succeeded by Laura Flowerdew, as the Board enacts its internal succession plan. Laura is Chief Customer and Digital Officer of Pennon Group and previously Chief Financial Officer at Bristol Water plc. This is effective July 11, 2024. Laura Flowerdew was appointed Chief Customer and Digital Officer of Pennon Group in September 2022. She was previously an executive director and Chief Financial Officer of Bristol Water plc from October 2018 including a period as Deputy CEO. Alongside her financial responsibilities her role also encompassed leading the company's transformation programme, as well as IT, HR, business services and communications. Laura previously worked in several executive positions in utilities and natural resources businesses including Bristol Energy, Anglo American and De Beers. She is a Fellow of the Institute of Chartered Accountants for England and Wales.
Reported Earnings • May 22Full year 2024 earnings released: UK£0.036 loss per share (vs UK£0 in FY 2023)Full year 2024 results: UK£0.036 loss per share (further deteriorated from UK£0 in FY 2023). Revenue: UK£907.8m (up 14% from FY 2023). Net loss: UK£9.50m (down UK£9.60m from profit in FY 2023). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
공지 • May 22Pennon Group Plc Recommends Revised Final Dividend for the Year 2023-24Pennon Group Plc revised final dividend recommended is 30.33 pence per share for the year 2023-24.
Upcoming Dividend • Jan 18Upcoming dividend of UK£0.14 per share at 6.2% yieldEligible shareholders must have bought the stock before 25 January 2024. Payment date: 05 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 6.2%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.4%).
공지 • Jan 11+ 2 more updatesPennon Group Plc (LSE:PNN) acquired Sumisho Osaka Gas Water UK Limited from Osaka Gas UK, Ltd. and Summit Water Limited for £89 million.Pennon Group Plc (LSE:PNN) acquired Sumisho Osaka Gas Water UK Limited from Osaka Gas UK, Ltd. and Summit Water Limited for £89 million on January 10, 2024. The transaction was also to include the acquisition of Sumisho Osaka's subsidiary company Sutton and East Surrey Water plc and certain other ancillary businesses. As part of the agreement, Pennon is issuing new Ordinary Shares to raise up to £180 million in connection with the Acquisition. Following regulatory confirmation, Pennon intends to provide an equity injection to enhance SES Water’s financial resilience, bringing their gearing from 88% to within Pennon’s well-established water business gearing range of 55% to 65%, giving customers assurance that SES Water can invest sustainably over the long term in infrastructure and services. The Acquisition is being financed from existing cash and financial resources and the acquisition being partially funded by a contribution from Pennon’s shareholders through an equity raise, demonstrating their belief in the quality of the business. Proceeds from the equity capital raise will be used in connection with the acquisition to ensure that the enlarged Pennon Group remains within our well established water business gearing range of 55-65% following completion. As of March 31, 2023, Sumisho Osaka reported gross assets of approximately £610 million and Loss before tax of 31 million. The Acquisition will increase the size and scale of the Group to serve a total population of c.4.3 million and will deliver an estimated c.7% increase in RCV on acquisition, bringing total expected RCV growth for Pennon to 71% over K7. It also adds another 476 dedicated employees to the Group, enabling access to a new, wider and diverse talent pool in Southern England. Following regulatory approvals, SES Water’s employees will join Pennon Group, bringing their expertise and local knowledge with them to ensure that customers have continuity and confidence in the high quality, local service delivery that they are used to. The acquisition of SES Water is in addition to Pennon’s current water business expected investment of £850 million over 24 months.Completion of the acquisition, which is not subject to any conditions, has already occurred. The Acquisition is now subject to review by the Competition and Markets Authority, with input from Ofwat. In reviewing the Acquisition, the Board considered a range of factors including earnings accretion, value creation from the impact on shareholder returns and the impact on customers and other stakeholders. The Acquisition expected to increase the Group’s RCV by c.7% on acquisition, resulting in a total expected Group RCV of c.£5.8 billion by 2025. Consistent with Pennon’s successful track record of value creation through the realisation of synergies, a run rate of £11 million (p.a. is anticipated, enabling enhanced shareholder returns, driven by operational efficiency initiatives, lower financing costs and economies of scale. There is not expected to be any funding impact on Southwest Water’s plans to otherwise deliver a compelling AMP8 investment plan; nor will it impact SES Water’s ability to deliver the same. The transaction is Expected to be earnings accretive from the first year of full ownership (2024/25), and to generate attractive returns whilst sup porting further RCV growth in the 2020 2025 regulatory period (K7), bringing total expected increase over K7 for Pennon to 71%.Alisdair Gayne, Iain Smedley, Osman Akkaya and Richard Bassingthwaighte of Barclays Bank PLC acted as Lead Financial Adviser and Joint Corporate Broker to Pennon Group. Andrew Foster, Francesco Puletti, George Chalaris and Josh Williams of Morgan Stanley & Co. International plc acted as Joint Financial Adviser and Joint Corporate Broker to Pennon Group.Pennon Group Plc (LSE:PNN) completed the acquisition of Sumisho Osaka Gas Water UK Limited from Osaka Gas UK, Ltd. and Summit Water Limited on January 10, 2024.
공지 • Jan 10Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £180 million.Pennon Group Plc has filed a Follow-on Equity Offering in the amount of £180 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 294,840,295 Price\Range: £0.6105 Transaction Features: Subsequent Direct Listing
Reported Earnings • Nov 30First half 2024 earnings released: EPS: UK£0.005 (vs UK£0.07 in 1H 2023)First half 2024 results: EPS: UK£0.005 (down from UK£0.07 in 1H 2023). Revenue: UK£448.6m (up 5.4% from 1H 2023). Net income: UK£1.40m (down 92% from 1H 2023). Profit margin: 0.3% (down from 4.3% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
공지 • Nov 29Pennon Group Plc Declares Interim Dividend for the First Half of the Year 2023-2024, Payable on April 5, 2024Pennon Group Plc announced that for first half of the year 2023-24 the Board has declared an interim dividend of 14.04 pence, representing an increase of 8.3% on H1 2022-23 (H1 2022-23 interim dividend of 12.96 pence). The interim dividend will be paid on 5 April 2024 to shareholders on the register on 26 January 2024.
공지 • Nov 17Pennon Group Plc to Report First Half, 2025 Results on Nov 28, 2024Pennon Group Plc announced that they will report first half, 2025 results on Nov 28, 2024
공지 • Nov 01+ 1 more updatePennon Group Plc to Report Fiscal Year 2024 Results on Jun 10, 2024Pennon Group Plc announced that they will report fiscal year 2024 results on Jun 10, 2024
공지 • Sep 01Pennon Group plc Announces Board ChangesPennon Group plc announced at the Company's Annual General Meeting on 20 July 2023, Neil Cooper, current Senior Independent Director, will be stepping down from the Board, having served nine years with the Company and Iain Evans, Non-Executive Director, will succeed Neil as Senior Independent Director with effect from 1 September 2023. Following Neil Cooper's departure, Loraine Woodhouse, who joined the Board in December 2022, will become Chair of the Audit Committee with immediate effect. Loraine has extensive experience in financial roles and has the full support of the Board in her new role.
Buying Opportunity • Aug 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €9.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 58%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 41% per annum over the same time period.
공지 • Aug 03Pennon Group Plc Announces Chief Financial Officer ChangesPennon Group Plc announced that Paul Boote has informed the Board of his decision to step down from his role as Chief Financial Officer at the end of the calendar year. Paul's decision, made for family reasons, comes aspart of a planned relocation away from the South West. The Board also announces that following a rigorous internal and external search and selection process, Steve Buck will be appointed to the Board in November 2023 and will take up his role as Chief Financial Officer (CFO) for Pennon Group and its subsidiaries at the end of December 2023. Steve Buck is an experienced CFO and is currently on the board of Anglian Water Group as Chief Financial Officer, with a broad remit covering finance, treasury, regulation, and transformation, a role he has held for the past four years. Steve has significant regulated utilities and energy sector experience and a demonstrable track record of driving performance. He also brings Plc experience having held senior roles at Centrica Plc, including Group Head, Finance and Transformation, and as Finance Director, British Gas, following an earlier career spanning over sixteen years in the water sector. Paul will leave the business following the Group's half year 2023/24 results, at the end of December, ensuring an orderly handover with Steve.
공지 • Jul 14Pennon Group Plc (LSE:PNN) acquired three renewable energy generation projects.Pennon Group Plc (LSE:PNN) acquired three renewable energy generation projects on July 13, 2023.Pennon Group Plc (LSE:PNN) completed the acquisition of three renewable energy generation projects on July 13, 2023.
Upcoming Dividend • Jul 13Upcoming dividend of UK£0.30 per share at 6.1% yieldEligible shareholders must have bought the stock before 20 July 2023. Payment date: 04 September 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.8%).
Recent Insider Transactions • Jul 06Group CEO & Executive Director recently sold €328k worth of stockOn the 3rd of July, Susan Davy sold around 40k shares on-market at roughly €8.27 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Susan has been a net seller over the last 12 months, reducing personal holdings by €328k.
Reported Earnings • Jun 02Full year 2023 earnings released: EPS: UK£0 (vs UK£0.049 in FY 2022)Full year 2023 results: EPS: UK£0 (down from UK£0.049 in FY 2022). Revenue: UK£797.2m (flat on FY 2022). Net income: UK£100.0k (down 99% from FY 2022). Profit margin: 0% (down from 1.9% in FY 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
공지 • Jun 02Pennon Group Plc Recommends Final Dividend for the Year Ended 31 March 2023, Payable on 04 September 2023The Board of Pennon Group Plc has recommended a final dividend of 29.77 pence per share (2022 26.83 pence) for the year ended 31 March 2023. Together with the interim dividend of 12.96 pence per share paid on 5 April 2023 this gives a total dividend for the year of 42.73 pence. This represents an increase of 10.9% (March 2023 CPIH + 2%) on 2021/22. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP). Ordinary shares quoted ex-dividend date is 20 July 2023. Record date for final dividend is 21 July 2023. Final dividend payment date is 04 September 2023.
공지 • May 20Pennon Group Plc to Report Fiscal Year 2024 Results on May 21, 2024Pennon Group Plc announced that they will report fiscal year 2024 results on May 21, 2024
Upcoming Dividend • Jan 19Upcoming dividend of UK£0.13 per shareEligible shareholders must have bought the stock before 26 January 2023. Payment date: 05 April 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.1%).
Buying Opportunity • Dec 10Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €13.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 9.1% in 2 years. Earnings is forecast to grow by 66% in the next 2 years.
Reported Earnings • Dec 01First half 2023 earnings releasedFirst half 2023 results: Revenue: UK£425.5m (up 9.3% from 1H 2022). Net income: UK£18.3m (up UK£40.6m from 1H 2022). Profit margin: 4.3% (up from net loss in 1H 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry.
공지 • Nov 08+ 1 more updatePennon Group Plc to Report First Half, 2024 Results on Nov 29, 2023Pennon Group Plc announced that they will report first half, 2024 results on Nov 29, 2023
공지 • Aug 18Pennon Group Plc to Report Fiscal Year 2023 Results on Jun 01, 2023Pennon Group Plc announced that they will report fiscal year 2023 results on Jun 01, 2023
Upcoming Dividend • Jul 14Upcoming dividend of UK£0.27 per shareEligible shareholders must have bought the stock before 21 July 2022. Payment date: 05 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (3.9%).
Reported Earnings • Jun 01Full year 2022 earnings released: EPS: UK£0.049 (vs UK£0.38 in FY 2021)Full year 2022 results: EPS: UK£0.049 (down from UK£0.38 in FY 2021). Revenue: UK£792.3m (up 27% from FY 2021). Net income: UK£15.4m (down 86% from FY 2021). Profit margin: 1.9% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 5.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Mar 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be UK£14.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% per annum over the last 3 years. Earnings per share has declined by 43% per annum over the last 3 years.
Upcoming Dividend • Jan 20Upcoming dividend of UK£0.12 per shareEligible shareholders must have bought the stock before 27 January 2022. Payment date: 05 April 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.5%).
Reported Earnings • Dec 02First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: UK£0.063 loss per share (down from UK£0.18 profit in 1H 2021). Revenue: UK£389.3m (up 30% from 1H 2021). Net loss: UK£22.3m (down 144% from profit in 1H 2021). Revenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 6.4%, compared to a 4.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 16Upcoming dividend of UK£0.22 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 02 September 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 33% share price decline to UK£13.44, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Water Utilities industry globally. Total returns to shareholders of 123% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.56 per share.
Upcoming Dividend • Jun 28Upcoming dividend of UK£3.55 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 16 July 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.6%).
Reported Earnings • Jun 05Full year 2021 earnings released: EPS UK£0.26 (vs UK£0.28 in FY 2020)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: UK£624.1m (flat on FY 2020). Net income: UK£107.5m (down 7.8% from FY 2020). Profit margin: 17% (down from 19% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공지 • Jun 03+ 1 more updatePennon Group plc Recommends A Final Dividend for 2020/21, Payable on September 2, 2021Pennon Group Plc announced that the Board has recommended a final dividend for 2020/21 of 14.97p per share, subject to shareholder approval at the Annual General Meeting on 22 July 2021. Together with the interim dividend of 6.77p, this will result in a total dividend of 21.74p per share, an increase of 3.0% on the re-based 2019/20 dividend of 21.11p. Pennon offers shareholders the opportunity to invest their dividend in a Dividend Reinvestment Plan (DRIP). Payable on September 2, 2021. Record date is July 23, 2021. Ordinary shares quoted ex-dividend is July 22, 2021.
Is New 90 Day High Low • Mar 11New 90-day high: €11.10The company is up 7.0% from its price of €10.39 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.86 per share.
Is New 90 Day High Low • Dec 12New 90-day low: €10.39The company is down 6.0% from its price of €11.08 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.92 per share.
Reported Earnings • Nov 26Second quarter 2021 earnings released: EPS UK£0.06The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: UK£149.6m (down 8.2% from 2Q 2020). Net income: UK£25.3m (down 42% from 2Q 2020). Profit margin: 17% (down from 27% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공지 • Nov 24+ 1 more updatePennon Group Plc, Annual General Meeting, Jul 22, 2021Pennon Group Plc, Annual General Meeting, Jul 22, 2021.
공지 • Nov 17Pennon Group Reportedly Eyes Rival Southern WaterBritish water and wastewater company Pennon Group Plc (LSE:PNN) is considering a takeover of rival Southern Water Services Limited, according to the Sunday Times. Pennon sold its waste-management arm to KKR & Co. for £4.2 Billion ($5.5 Billion) in March (2020), in one of the biggest deals at the start of the coronavirus pandemic. The deal was set to include net cash proceeds of £3.7 Billion, and Pennon wants to use the funds for a takeover rather than hand it back to shareholders, the Sunday Times said. Southern has faced a turbulent period in recent years, including regulator investigations and concern about high dividends and debt, according to the Times. Pennon has also examined other companies, with Southern Water the most likely target, the report said. Representatives for Pennon and Southern Water declined to comment on the report when contacted by Bloomberg.
Is New 90 Day High Low • Oct 31New 90-day low: €10.98The company is down 6.0% from its price of €11.64 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.41 per share.