26th Sep 2005 07:00
Pennon Group PLC26 September 2005 26 September 2005 PENNON GROUP PLC PRE-CLOSE TRADING UPDATE Pennon Group Plc today reports on trading for the 6 months to 30 September 2005,prior to entering its close period, and confirms that trading to date remains inline with market expectations. Having outperformed the K3 regulatory contract, South West Water is making goodprogress towards the delivery of the K4 regulatory contract. Viridor Wasteremains confident of delivering continued full year growth in operating profitbefore intangibles. The loss of capital related allowances from April 2005 will have a significanteffect on the corporation tax rate for the current financial year. It isexpected to be in the range of 13% - 15%. During August the Company made a pension contribution prepayment for the periodto 2010 of £44m. Pennon intends to announce its Interim Results on Thursday, 8 December 2005. 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 0207 251 3801 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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