LOGO
LOGO

Quick Facts

Pennon Group On Track To Deliver Resilient Financial Performance In Line With Management View

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Pennon Group (PNN.L), on Tuesday, reported that it is on track to deliver resilient financial performance in line with management expectations.

Overall EBITDA remains in line with management expectations as increased costs have been offset by increased revenues. The company further noted that its capital investment programme is delivering in line with its profile of K7 investment, with about 30% increase on the prior year, including its Green Recovery projects.

Susan Davy, Group Chief Executive Officer said, "Pennon Group is on track to deliver resilient financial performance in line with management expectations. At the same time we are delivering a step change in environmental performance, as we focus on our Green Recovery and Net Zero ambitions."

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

Latest Updates on COVID-19