11th Feb 2008 07:00
Pennon Group PLC11 February 2008 11 February 2008 PENNON GROUP PLC INTERIM MANAGEMENT STATEMENT Pennon Group Plc today reports in respect of trading up to Friday, 8 February2008. Group turnover, operating profit and profit before tax for the periodwere all in line with management expectations. South West Water is now in the third year of the K4 period (2005 - 2010) andremains on target to meet the current regulatory contract. As part of the K5planning process, a major customer consultation exercise was launched inNovember last year. The company published its 25 year Strategic DirectionStatement in December. Viridor remains confident of delivering continued full year growth in operatingprofit before intangibles. On 5 December 2007, Grosvenor Waste Management, aleading UK materials recycling company, was acquired for a cash consideration of£79.5m (plus debt of £1.5m). Further details can be found on the Company's website, www.pennon-group.co.uk Pennon intends to announce its Preliminary Results on Thursday, 5 June 2008. For further information, please contact: Pennon David Dupont - Group Director of Finance 01392 443998Jo Finely - Investor Relations Manager 01392 443401 Finsbury Mark Harris 0207 251 3801Sally Hogan 11 February 2008 www.pennon-group.co.uk End transmission This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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