LONDON (dpa-AFX) - Pennon Group announced a trading update for the period to 26 September 2024. The Group said its financial results for first half period reflect the inclusion of SES. On a like-for-like basis, revenue is impacted by lower customer demand, following 'Water is Precious' water efficiency campaigns. Operating costs were broadly flat.
Pennon Group said, for the full year 2024/25, the outlook for South West Water sees a continuation of lower customer demand. It anticipates Group capital expenditure for the full year to continue at the first half period run rate.
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