Pennon Group PLC (STU:3PN)
€ 7.225 -0.09 (-1.23%) Market Cap: 2.07 Bil Enterprise Value: 7.19 Bil PE Ratio: 0 PB Ratio: 1.71 GF Score: 72/100

Full Year 2023 Pennon Group PLC Earnings Call Transcript

Jun 01, 2023 / 08:00AM GMT
Release Date Price: €9.09 (+2.19%)
Susan Jane Davy
Pennon Group Plc - Group CEO & Executive Director

Right. I'll make a start. Good morning, everyone, and thank you for joining myself and Paul as we share Pennon's full year results for 2022, '23. We also have some new members of our executive team with us here today in the audience. We're joined by John Halsall, who's our Chief Operating Officer; Andrew Garard, who is our GC; and David Harris, who is our Drought and Resilience Director.

And there will be opportunity to meet all our new executive team later in the year when we take you through our strategy and business plan to 2030.

I think it's probably worthwhile, me talking about the context for the 2022, '23 results. It has been one of extremes. We have seen extreme weather patterns. Those have tested our operational resilience, and we've had the volatility of the macroeconomics that have impacted the income statement, which Paul will talk about later. But the one thing that we have done, we have responded with agility, with pace, and we have pivoted to focus on the things that matter most, right here, right now

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