Pennon, the parent company of South West, Bournemouth and newest acquisition Bristol, has said its performance remained on track in the first half of this year, despite volatile conditions and it anticipates outperforming on key ODIs during this year, which should "more than offset" rising energy, chemical and staff costs. The group, whose energy usage is 95% hedged, said its total energy costs are anticipated to be around £50 million higher than 2020’s £56 million total.
Pennon says outperformance offset energy costs in first half
