Pennon Group (PNN.L) reported profit before tax of 21.8 million pounds for the fiscal year ended 31 March 2013, compared to 200.5 million pounds last year. Profit attributable to ordinary shareholders' equity was 26.9 million pounds or 7.4 pence per share, compared to 172.4 million pounds or 47.8 pence per share last year.
Before exceptional items, pretax profit was 198.2 million pounds for the year. Profit attributable to ordinary shareholders' equity before exceptional items was 167.1 million pounds for the fiscal year.
Revenue decreased to 1.20 billion pounds from 1.23 billion pounds last year.
The Board of Pennon Group has recommended a final dividend of 19.70 pence, up 7.7%. Together with the interim dividend of 8.76 pence, this will result in a total dividend for the year of 28.46 pence, an increase of 7.3%.
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