Live Breaking News & Updates on Pennon

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Pennon trading in line, but bad weather impacts waste-water operations

Water group Pennon said it expects to report full-year results in line with expectations as it makes record levels of investment in the current pricing cycle, though challenging weather conditions have impacted its waste-water operational performance.

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Pennon raising cash to fund £89m acquisition of SES Water

Water utility company Pennon is raising up to £180m in an equity capital raise to fund the acquisition of Sumisho Osaka Gas Water UK, the holding company of Sutton and East Surrey Water (SES Water).

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Pennon Group profit slides in first half, Hargreaves Lansdown chair steps down

London open
The FTSE 100 is expected to open 19 points lower on Wednesday, having closed down 0.07% on Tuesday at 7,455.24.

West-yorkshire , United-kingdom-general- , United-kingdom , London , City-of , Britain , Craig-whittaker , Zayed-al-nahyan , Hargreaves-lansdown , Abu-dhabi , Deanna-oppenheimer , Alison-platt

Pennon revenue rises, profit slides in first half

Water utility Pennon Group reported a 5.4% increase in first-half underlying revenue on Wednesday, to £448.6m, driven by inflationary tariff adjustments moderated by regulatory measures to minimise the impact on customer bills.

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Pennon to create 2,000 jobs with £2.8bn investment in South West Water

South West-focused water and wastewater group Pennon said it has traded in line with expectations in its first half ended 30 September as it submitted plans to Ofwat to invest £2.8bn in water quality and resilience.

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FTSE 250 movers: Pennon, PageGroup push higher

London’s FTSE 250 was down 1.3% at 18,034.06 in afternoon trade on Monday.

Bridgepoint-group-reg , Nb-private-equity-partners-ltd , Hgcapital-trust , Aston-martin-lagonda-global-holdings , Close-brothers-group , Pennon-group , Moonpig-group , Apax-global-alpha-limited , Wood-group-john , South-west-water , Capital-markets-day

Centrica signs $8bn US LNG deal, Pennon buys three renewable power projects

London open
The FTSE 100 is expected to open four points higher on Tuesday, having closed up 0.23% on Monday at 7,273.79.

Aberdeenshire , United-kingdom , Japan , Cumbria , Buckinghamshire , Louisiana , United-states , London , City-of , Japanese , Britain , British

Pennon buys three renewable power projects in £85m deal

Utilities firm Pennon Group announced the acquisition of three new renewable energy generation projects on Tuesday, as part of its long-term sustainable growth strategy.

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FTSE 250 movers: British Land on the rise; Pennon slips

Property owner British Land said it continued to see strong operational momentum in the business, despite ongoing macroeconomic uncertainty, with its retail parks proving to be a "winning format".

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Higher costs and drought hit profits at Pennon

Pennon Group said on Thursday that it swung to a full-year loss as higher costs and the long hot summer weighed heavily.

Susan-davy , Higher , Costs , Drought , Profits , Pennon , Category-all , Category-company-news , Category-news-and-announcements , Category-headline-news , Category-sectorial-utilities