LSE$PEGRF
Pennon Group PLC · Q3 2025 earnings
Q3 2025 earnings · · Investor relations
Briefing
Pennon reported a statutory loss in Q4 as rising costs and investment impacted profitability, while preparing for a stronger FY 2025/26.
Pennon Group ended Q4 2024/25 with a statutory loss amid increased capital expenditures and restructuring costs. Revenue increased year-over-year due to the full-year inclusion of SES Water. The Group remains focused on investment-led growth with a strong liquidity position and gearing maintained at a stable level.
- Revenue for the year reached £1,047.8 million, up from £907.8 million.
- Statutory loss before tax widened to £72.7 million, primarily due to water quality event and restructuring charges.
- Adjusted EPS fell to -10.3p while basic EPS was -16.1p.
- Group capital expenditure remained high at £652.5 million to support infrastructure upgrades and investment.
Headline financials
Revenue & EPS history
Pennon · Revenue · Quarterly
£1.36B
Forward guidance
Pennon anticipates a return to profitability in 2025/26 driven by higher revenue, improved operational efficiency, and the continued execution of its investment programme.
Tailwinds
- Expected EBITDA growth of two-thirds in FY 2025/26
- No water restrictions predicted despite dry weather
- Major infrastructure projects like new reservoirs underway
- Continued reduction in storm overflows and sewer flooding
- Strong liquidity of approximately £1 billion supports future investment
Headwinds
- Higher finance costs due to increased capital expenditure
- Profitability impacted by water quality incidents
- Ongoing inflationary pressures on operating costs
- Customer bills rising for the first time in a decade
- Challenges in maintaining performance metrics across all areas
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 1 quarterly earnings reports · overlaid with Q3 2025
-3.2%
Avg return
Earnings day
-4.7%
Avg return
5 days after
-1.6%
Avg return
30 days after
0%
0 / 2 earnings
Positive
-2.7%
Q3 2026
Best reaction
-3.8%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -2.7% | -9.4% | — | |
| Q3 2025 | -3.8% | +0.0% | -1.6% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro