Previous close | 17.47 |
Open | 17.54 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 17.38 - 17.64 |
52-week range | 13.37 - 22.20 |
Volume | |
Avg. volume | 48,743 |
Market cap | 2.517B |
Beta (5Y monthly) | 0.29 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.16 |
Earnings date | 21 May 2024 |
Forward dividend & yield | 1.10 (6.27%) |
Ex-dividend date | 25 Jan 2024 |
1y target est | N/A |
Britain's Competition & Markets Authority (CMA) said on Friday the deal could hamper water regulator Ofwat by removing SES Water from its dataset and reducing the number of comparators available to estimate cost allowances and set service quality targets. Pennon, which bought the holding company of SES Water in January for an enterprise value of 380 million pounds ($477 million), said it would offer undertakings to address the CMA's concerns by the required deadline of May 13.
Pennon thinks it will take until 2025, a year later than planned, to get a four-star rating from the Environment Agency.
Pennon Group has flagged a dip in operational performance due to heavy rain and a string of storms across the UK.