Pennon Group has recommended a final dividend of 20.03 pence per share for the year ended 31 March 2026. The ex-date is 23rd July, which is payable to those on the register on the 24th. The pay date is scheduled for the September 4th.
Financial highlights:
Return to profitability in 2025/26, with statutory profit before tax of £114.4 million (2024/25: loss of £72.7 million)
55% increase in underlying EBITDA as a result of increased revenues and a focus on cost management
Regulated water revenue up c.25% year-on-year, driven by the benefit of increased regulatory revenue allowances and higher consumption
A focused start to their AMP8 capital investment programme, with £643.6 million of capital investment across the Group in 2025/26 - reflecting £588.5 million of investment in their water businesses as they focus on delivering on their AMP8 commitments
2025/26 Return on Regulated Equity (RoRE) of 6.7%, with outperformance on financing and totex partly offset by ODI penalties.
