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South West Water, owned by Pennon Group, returns to profit in 2025-26 despite extreme heat, with major pollution reductions and strong financial performance.
Pennon Group, parent company of South West Water, reports a strong return to profitability for 2025-26 despite record summer heat increasing water demand.
The FTSE 250 firm maintains resilient supplies, expects a 60% year-on-year earnings rise with deferred revenues, and remains on track to meet financial targets.
Progress on its £3.2 billion Ofwat-approved investment plan has driven environmental improvements, including a 50% drop in storm overflow spills and halved pollution incidents over eight months.
This follows a £24 million penalty for wastewater spills.
CEO Susan Davy highlighted ongoing pollution reduction and customer service gains, noting the search for her successor is underway after her retirement announcement.
South West Water, propiedad de Pennon Group, regresa a las ganancias en 2025-26 a pesar del calor extremo, con importantes reducciones de contaminación y un sólido rendimiento financiero.