Pennon Group Plc · LSE:PNN
Pennon — Investor Presentation (2019)
9 slides from Pennon's investor presentation, 2019
Slide 1: Empowering customers
Empowering customers South West Water PR19 Initial Assessment of Plans Chris Loughlin & Susan Davy
Slide 2: Disclaimer
Disclaimer For the purposes of the following disclaimers, references to this “document” shall mean this Forward looking statements should therefore be construed in light of such risks, uncertainties and presentation pack and shall be deemed to include references to the related speeches made by other
Slide 3: Setting a new standard for the sector once more
Setting a new standard for the sector once more “South West Water Plan is high quality...includes ambitious innovative and sector-leading proposals.” Only company to achieve successive fast track status Benefit of early Draft Determination Awarded additional 10bps on RoRE1 Opted into early certainty
Slide 4: "High quality plan across a number of areas"
“High quality plan across a number of areas” Balanced and well supported plan Engaging Customers (88% / 92% South West Water and Bournemouth Water customers supported plan) Addressing Affordability & Vulnerability Areas South West Water’s plan stood out • High quality customer engagement and afforda
Slide 5: Certainty and early delivery – opportunity to outperform
Certainty and early delivery – opportunity to outperform Fast-track puts us ahead Clean, safe and reliable supply of drinking water • Clarity on cost base, bespoke commitments, financial incentives • Ensures swift and smooth transition into the new period Reliable wastewater service • Delivery under
Slide 6: A Resilient Plan
A Resilient Plan “While all companies planned to improve resilience, South West Water recognised as setting the standard for others to reach.” Resilience and innovations planned: • Ambition for environmental • Using Mayflower experience to leadership supported by our expanded catchment management bu
Slide 7: New deal for customers – Setting a new standard for the sector
New deal for customers – Setting a new standard for the sector Innovative customer share ownership scheme Customers hold us directly to account Customer AGM to hold WaterShare panel and company to account Tangible stake in business – past and future outperformance provides free customer shareholding
Slide 8: Timeline
Timeline 11 February 2019 11 April 2019 Fast-track companies submit Fast-track Draft 11 December 2019 updated Business Plan tables and Determinations Final Determinations evidence of completed actions published published 1 April 2019 18 July 2019 11 December 2019 Slow-track and significant Slow-trac
Slide 9: Empowering customers
Empowering customers South West Water PR19 Initial Assessment of Plans Chris Loughlin & Susan Davy