Trading on course at UK’s Pennon despite weather

first_img whatsapp Tags: NULL KCS-content BRITISH water and waste company Pennon said the severe winter weather hurt operations at both of its units, though said trading since October had been in line with its expectations.Britain was hit by an unusually hard winter, with one of the coldest Decembers on record.Pennon – which supplies customers in Devon and Cornwall via South West Water – yesterday said while the cold weather led to a surge in burst pipes, this would not materially impact results.The weather also hurt operations at its waste management unit, Viridor, but the company expects the unit to report a higher pre-tax profit for 2010.Analysts currently expect the company to report a full-year pre-tax profit of £175.9m, on revenue of £1.11bn.Pennon’s statement follows bullish announcements by Britain’s largest listed water utility, United Utilities, and Northumbrian Water Group. whatsapp Tuesday 15 February 2011 7:32 pm Trading on course at UK’s Pennon despite weather Show Comments ▼ More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Sharelast_img read more

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