Pennon Group PLC
11 February 2008
11 February 2008
PENNON GROUP PLC
INTERIM MANAGEMENT STATEMENT
Pennon Group Plc today reports in respect of trading up to Friday, 8 February
2008. Group turnover, operating profit and profit before tax for the period
were all in line with management expectations.
South West Water is now in the third year of the K4 period (2005 - 2010) and
remains on target to meet the current regulatory contract. As part of the K5
planning process, a major customer consultation exercise was launched in
November last year. The company published its 25 year Strategic Direction
Statement in December.
Viridor remains confident of delivering continued full year growth in operating
profit before intangibles. On 5 December 2007, Grosvenor Waste Management, a
leading UK materials recycling company, was acquired for a cash consideration of
£79.5m (plus debt of £1.5m).
Further details can be found on the Company's website, www.pennon-group.co.uk
Pennon intends to announce its Preliminary Results on Thursday, 5 June 2008.
For further information, please contact:
Pennon
David Dupont - Group Director of Finance 01392 443998
Jo Finely - Investor Relations Manager 01392 443401
Finsbury
Mark Harris 0207 251 3801
Sally Hogan
11 February 2008
www.pennon-group.co.uk
End transmission
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