Information  X 
Enter a valid email address

Pennon Group PLC (PNN)

  Print      Mail a friend       Annual reports

Monday 26 March, 2007

Pennon Group PLC

Trading Statement

Pennon Group PLC
26 March 2007


26 March 2007

PENNON GROUP PLC

PRE-CLOSE TRADING UPDATE


Pennon Group Plc today reports in respect of trading for the 12 months to 31
March 2007, prior to entering its close period, and confirms that trading to
date remains in line with management expectations.


South West Water is now in the second year of the K4 period (2005 - 2010) and
remains on target to meet the current regulatory contract.


Viridor remains confident of delivering continued full year growth in operating
profit before intangibles.  During 2006/07 it achieved preferred bidder status
for the Greater Manchester Waste Disposal Authority PFI contract.  In addition
it acquired Wyvern Waste Services Limited for £25m and at the same time entered
into a PPP agreement with Somerset County Council.  It also acquired Skipaway
Holdings Limited for £14.7m.


Pennon intends to announce its Preliminary Results on Thursday, 31 May 2007.


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


www.pennon-group.co.uk


End transmission


                      This information is provided by RNS
            The company news service from the London Stock Exchange