Pennon Group Plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- James Keith Haslett
- Full Time Employees
- 4,000
- Sector
- Utilities
- Industry
- Regulated Water
- Address
- Peninsula House Exeter DV United Kingdom EX2 7HR
- IPO Date
- Jan 2, 2014
- CIK
- 0001455633
- Website
- pennon-group.co.uk
- Similar Companies
- Business
- Pennon Group Plc operates as a British environmental infrastructure company focused on water and wastewater services in the United Kingdom. Founded in 1989 and headquartered in Exeter, England, the company delivers regulated water and wastewater services through its primary subsidiary South West Water Limited to approximately 1.7 million customers across Devon, Cornwall, and parts of Dorset and Somerset; water-only services via Sutton and East Surrey Water Plc (SES Water) in the South East region; and non-household retail water and wastewater services nationwide through Pennon Water Services Limited and South East Surrey Water Services. Its operations emphasize sustainable water management, infrastructure investment, and environmental stewardship, serving household and non-household customers with over 1,000 water and wastewater treatment works; the company maintains a workforce of around 3,900 employees and reports trailing twelve-month revenue of GBP 1.05 billion. Recent developments include the January 2024 acquisition of SES Water for approximately GBP 380 million from Sumisho Osaka Gas Water UK, enhancing its water-only portfolio and increasing the water segment's share of regulatory capital value to about 57% ahead of the 2025-2030 regulatory period; prior expansions encompass the 2021 purchase of Bristol Water and the 2016 acquisition of Bournemouth Water, alongside the 2020 divestiture of its Viridor waste management business to KKR for GBP 4.2 billion; in June 2024, Pennon appointed David Sprowle as its new chair, succeeding Gill Rider.
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