India, June 10 -- Pennon Group Plc (PNN.L), a water and utility company, reported Wednesday a profit in fiscal 2026, compared to prior year's loss, with cost management and significant growth in revenues. Further, the firm trimmed annual dividend, and issed fiscal 2027 outlook, expecting higher underlying EBITDA.
On the London Stock Exchange, Pennon shares were trading at 491.20 pence, down 3.21 percent.
In the full year, profit before tax was 114.4 million pounds, compared to last year's loss of 72.7 million pounds. Basic earnings per share were 19.4 pence, compared to loss of 16.1 pence per share a year ago.
Underlying profit before tax was 135.1 million pounds, compared to loss of 35.1 million pounds last year. Adjusted basic earnings...