0753 GMT - Pennon Group posted an update that implies Ebitda growth below expectations, J.P. Morgan analysts say in a research note. The U.K. utility company now guides for Ebitda growth of around 60% on year, having previously expected an around two-thirds increase. JPM's current estimate implies 69% Ebitda growth, the analysts add. Pennon's new guidance implies a 4% downgrade to Ebitda, they say. Friday's statement also flagged revenue deferrals to fiscal 2027, as well as higher operational costs due to hot weather, they say. Shares trade 0.7% lower at 450.16 pence. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

September 26, 2025 03:53 ET (07:53 GMT)

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