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

Half Year 2024 Pennon Group PLC Earnings Call Transcript

Nov 29, 2023 / 08:45AM GMT
Release Date Price: €8.37 (-2.84%)
Operator

Welcome back, and thank you for your patience during the break. I will now hand the floor back to Susan Davy.

Susan Jane Davy
Pennon Group Plc - Group CEO & Executive Director

Thank you very much, Adam, and welcome, everybody, this morning. Thank you for joining us to discuss Pennon's Half Year Results for 2023, '24. As you will have just seen from the video, we have had a step up in investment across the group by some 8% to 7% compared to half 1 last year, very much investing not just for today, but in the future, making progress on the things that matter most to our customers across the regions that we serve, as well as the complementary investment that's going on with Pennon Power to grow the renewables support for the group.

We're focused on customer priorities, protecting water quality and make sure we've got water resources in place to deliver clean, safe drinking water, (inaudible) strong [water flows], eradicating pollutions protecting and making sure that we're supporting affordability for our customers, and you have seen that in the

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