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Pennon Group Fundamentals

Company Name Pennon Group Last Updated 16 Apr 2019
Industry Utilities Sector Gas, Water & Multiutilities
Shares in Issue (m) 420.51 Market Cap (£m) 3,111.79
PE Ratio 15.42 Div per Share (p) 38.59
Div Yield 5.33 Div Cover 1.22
EPS 48.00 EPS Growth (%) 20.60
PEG 0.75 DPS Growth (%) 7.31
Debt Ratio 70.40 Debt Equity Ratio 0.86
Net Gearing 63.91 Gross Gearing 73.41
Asset Equity Ratio 3.76 Cash Equity Ratio 35.71
Quick Ratio 1.62 Current Ratio 1.66
Price To Book Value 1.90 ROCE 4.75

Pennon Group Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H1 Dividend 24 Jan 2019 04 Apr 2019 GBX 12.84
H2 Dividend 05 Jul 2018 04 Sep 2018 GBX 26.62 38.59
H1 Dividend 25 Jan 2018 04 Apr 2018 GBX 11.97
H2 Dividend 06 Jul 2017 01 Sep 2017 GBX 24.87 35.96
H1 Dividend 02 Feb 2017 04 Apr 2017 GBX 11.09
H2 Dividend 07 Jul 2016 02 Sep 2016 GBX 23.12 33.58
H1 Dividend 28 Jan 2016 01 Apr 2016 GBX 10.46
H2 Dividend 06 Aug 2015 02 Oct 2015 GBX 21.82 31.80
H1 Dividend 29 Jan 2015 02 Apr 2015 GBX 9.98
H2 Dividend 06 Aug 2014 03 Oct 2014 GBX 20.92 30.31

Pennon Group Company Financials

Assets (£m) 2018 2017 2016
Tangible Assets 4,311 4,103 3,897
Intangible Assets 458 452 449
Investments 357 382 331
Total Fixed Assets 5,125 4,937 4,677
Stocks 25 21 21
Debtors 416 341 324
Cash & Equivalents 585 598 632
Other Assets 13 14 10
Total Assets 6,164 5,911 5,663
Liabilities (£m) 2018 2017 2016
Creditors within 1 year 626 520 437
Creditors after 1 year 3,899 3,882 3,738
Other Liabilities 0 0 0
Total Liabilities 4,525 4,402 4,175
Net assets 1,639 1,509 1,488
Equity (£m) 2018 2017 2016
Called up share capital 171 168 168
Share Premium 219 217 213
Profit / Loss 263 211 206
Other Equity 144 144 144
Preference & Minorities 298 295 295
Total Capital Employed 1,639 1,509 1,488
Ratios 2018 2017 2016
Debt Ratio 70.40 72.01 71.53
Debt-to-Equity 0.86 0.88 0.90
Net Gearing 63.91 64.35 62.56
Gross Gearing 73.41 74.47 73.73
Assets / Equity 3.76 3.92 3.81
Cash / Equity 35.71 39.63 42.50
EPS 48.00 39.80 37.00
Cash Flow (£m) 2018 2017 2016
Cash from operating activities 352 319 247
Cashflow before financing 53 -12 -72
Increase in Cash 29 -31 -169
Income (£m) 2018 2017 2016
Turnover 1,396 1,353 1,352
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit 327 294 252
Pre-Tax profit 263 211 206
Profit / Loss for the year 171 168 168

Pennon Group Company Background

Sector Gas, Water & Multiutilities
Activities Pennon Group plc is one of the largest environmental infrastructure groups in the UK, Pennon is at the top end of the FTSE 250. Pennon has assets of around £6.0 billion and a workforce of around 5,000 people. The merged water company of South West Water and Bournemouth Water provides water and wastewater services to a population of c.1.7 million in Cornwall, Devon and parts of Dorset and Somerset and water only services to c.0.5 million in parts of Dorset, Hampshire and Wiltshire. Since 1989 South West Water has invested around £7 billion to improve water and wastewater services. This investment means that we will supply some of the best quality drinking water in the UK and have achieved record bathing water quality in recent years. South West Water was awarded enhanced status for its 2015-2020 Business Plan, and has the highest potential returns in the water sector to 2020. Viridor is a leading UK recycling, energy recovery and waste management company, providing services to more than 150 local authorities and major corporate clients as well as over 32,000 customers across the UK. Pennon Water Services provides water and wastewater retail services to over 160,000 non-household customer accounts across Great Britain, and is an 80:20 venture with South Staffordshire Group.
Latest Interim Date 27 Nov 2018
Latest Fiscal Year End Date 25 May 2018

Pennon Group Directors

Appointed Director Position
01 Aug 2006 Christopher Loughlin Chief Executive Officer
01 Feb 2015 Susan Jane Davy Finance Director
01 Apr 2015 Sir Thomas John Parker Non-Executive Chairman
01 Sep 2014 Neil Cooper Non-Executive Director
01 Sep 2012 Gillian Ann Rider Non-Executive Director
01 Sep 2018 Iain Richard Evans Non-Executive Director

Pennon Group Contact Details

Company Name Pennon Group
Company Address Peninsula House, Rydon Lane, Exeter EX2 7HR.
Company Telephone +44 (0)1392 446 688
Company Website http://www.pennon-group.co.uk/

Pennon Group Advisors

Auditor Name PricewaterhouseCoopers LLP
Auditor Address 31 Great George Street, Bristol BS1 5QD.
Auditor Website http://www.pwc.co.uk/
Auditor Telephone +44 (0) 117 929 1500
Registrar Name Equiniti
Registrar Address Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA.
Registrar Website http://www.equiniti.com/
Registrar Telephone 0871 384 2030
Broker Name Merrill Lynch International
Broker Address Merrill Lynch Financial Centre, 2 King Edward Street, London, EC1A 1HQ.
Broker Website http://www.ml.com/
Broker Telephone +44 (0)20 7628 1000
Adviser Name n/a
Adviser Address n/a
Adviser Website n/a
Adviser Telephone n/a
Solicitor Name Allen & Overy LLP
Solicitor Address One Bishops Square, London E1 6AD.
Solicitor Website http://www.allenovery.com/
Solicitor Telephone +44 (0)20 3088 0000
Stockbroker Name Credit Suisse
Stockbroker Address One Cabot Square, London E14 4QJ.
Stockbroker Website http://www.credit-suisse.com/
Stockbroker Telephone +44 20 7888 1000