Pennon Group Plc (PNN) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.658 Good morning everyone, I'm Susan Davey, CEO of Pellon Group. 00:00:03.658 -- 00:00:07.886 I'm pleased to share the Group's half year results speaking to you from Dawlish in Devon, 00:00:07.886 -- 00:00:12.154 where we are making progress on our investment to reduce the use of storm overflows. 00:00:12.154 -- 00:00:16.141 I'm here today to see first hand what it means for customers and communities and say 00:00:16.141 -- 00:00:20.810 thank you to my brilliant team here from Southwest Water and our Amplify Supply Chain 00:00:20.810 -- 00:00:25.382 delivery partners. If you're one of the millions of visitors that ever caught the train 00:00:25.382 -- 00:00:28.066 down to Cornwall, you'll recognise Dawlish. 00:00:28.066 -- 00:00:32.513 The track runs directly parallel along the sea line and the cliffs, giving you a fantastic 00:00:32.513 -- 00:00:37.821 view of the beautiful coastline. You might also remember the rail track here being washed 00:00:37.821 -- 00:00:42.387 into the sea, cutting off Cornwall from the rest of the UK, a result of climate change 00:00:42.387 -- 00:00:47.118 and the changing weather patterns. Those weather patterns have also meant that the wastewater 00:00:47.118 -- 00:00:51.972 network here in Dawlish is under pressure as more homes are being built and more visitors 00:00:51.972 -- 00:00:56.485 arrive to this fantastic town with a population of 12,000 00:00:56.485 -- 00:01:01.534 more than doubling in the summer months. In response, we're doing three things. 00:01:01.534 -- 00:01:06.940 First, engaging with the community to explain the work we need to do here on a time scale. 00:01:06.940 -- 00:01:11.906 Second, applying a tailor-made solution for Dawlish with a nature-first approach by removing 00:01:11.906 ...