Pennon Group up on pricing news

By
0 mins. to read
Pennon Group up on pricing news
Master Investor Magazine

Master Investor Magazine 59Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

FTSE 250 water and waste management specialist Pennon Group (LON:PNN) saw its share price rise rise by 1.88% to 1,163p (as of 15:15 GMT) after South West Water accepted Ofwat’s price determination for 2020-25. The company will take this into account as it carries out a strategic review of the business, but many of the regulator’s determinations were in line with last year’s draft version.

The current dividend policy expires this year and management will announce a new policy before the next set of full-year results are published.

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?


The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.

Book your FREE tickets today using code: MIBLOG

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.