Previous close | 689.00 |
Open | 687.00 |
Bid | 691.00 x 0 |
Ask | 692.00 x 0 |
Day's range | 687.00 - 695.50 |
52-week range | 532.83 - 876.50 |
Volume | |
Avg. volume | 1,055,976 |
Market cap | 1.974B |
Beta (5Y monthly) | 0.29 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.44 (6.36%) |
Ex-dividend date | 25 Jan 2024 |
1y target est | N/A |
The Competition & Markets Authority (CMA) said the deal could undermine the authority of Ofwat, the water regulator for England and Wales, by removing SES from its dataset and reducing the number of comparators available to estimate cost allowances and set service quality targets. The CMA, which started looking into the deal in January, will refer it to a in-depth investigation unless its accepts the undertakings provided Pennon, the company said in a statement.
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.