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Pennon Trading Update

Trading update stated:

Said Monday it is on track to meet management expectations for the first half of its fiscal year
Both its water and waste businesses performed within expectations in the half year ending Sep. 30
Added that it continues to deliver a robust underlying financial performance for fiscal 2018
At 792p the shares are back towards their year lows and are on 16.5x and yield 4.9%

As of 8.27am the stock was trading flat at c.792p


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