Pennon’s full-year trading update confirmed it is performing in line with market and management expectations. South West Water (SWW) is on track to deliver an 11.7% return on regulated equity (RORE) and management maintains its current-year guidance for a £100m contribution from Viridor’s energy recovery facilities (ERFs). Management highlights outperformance in the water business as driven by efficiencies, while company-wide revenue growth is provided by the Viridor waste b
10 Feb 2017
Waste targets to be met and water in line
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Waste targets to be met and water in line
Pennon Group Plc (PNN:LON) | 656 81.9 1.9% | Mkt Cap: 1,875m
- Published:
10 Feb 2017 -
Author:
Jamie Aitkenhead -
Pages:
2
Pennon’s full-year trading update confirmed it is performing in line with market and management expectations. South West Water (SWW) is on track to deliver an 11.7% return on regulated equity (RORE) and management maintains its current-year guidance for a £100m contribution from Viridor’s energy recovery facilities (ERFs). Management highlights outperformance in the water business as driven by efficiencies, while company-wide revenue growth is provided by the Viridor waste b