Pennon Group

PNN · Main Market · Utilities · mcap £1,701m · 333.4p 7 open situations →

Pennon supplies water and wastewater services in the South West of England through South West Water, and water in Surrey and Sussex through SES Water. It earns regulated returns set by Ofwat and is investing heavily in water resources, treatment works and storm overflows.

Target	Promise	Said	Status
2025
2025	Increase water resources by 30% in Devon and 45% in Cornwall by 2025	29 Nov 2023	◐ Partly kept
	“on track to increase resource availability in Devon and Cornwall in K7 by 30% and 45%, respectively” Also stated 25 Mar 2024 · 21 May 2024 How it developed 29 Nov 2023 Said “on track to increase resource availability in Devon and Cornwall in K7 by 30% and 45%, respectively” 25 Mar 2024 Said “We are on track to reach our target of a 45% increase in Cornwall water resources by 2025” 21 May 2024 ◐ Partly “We have delivered on our 2025 target for Devon, with 30% greater resource availability and are on track for 45% in Cornwall, with 30% delivered to date.” 21 May 2024 Said “on track for 45% in Cornwall, with 30% delivered to date” 31 Mar 2025 ◐ Partly “Strong water resources position at over 90% with industry leading water quality expected” Status so far Mar 2025 said water resources position over 90%; no card confirms the final 30%/45% outcomes. “We have delivered on our 2025 target for Devon, with 30% greater resource availability and are on track for 45% in Cornwall, with 30% delivered to date.”21 May 2024 · Final Results “Strong water resources position at over 90% with industry leading water quality expected”31 Mar 2025 · Trading Statement