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Pennon swings to loss after parasite outbreak

Brixham cryptosporidium contamination costs Pennon £16mn as it slides to £39mn loss
Pennon swings to loss after parasite outbreakPublished on December 2, 2024
  • Pennon gets early start on 2025-30 capital programme
  • Management says it is "reshaping" operations as new regulatory period starts

It’s a winding road for the water companies. Pennon (PNN) upped spending in the first half of its financial year to slow down sewage and storm water discharge, but an outbreak of a parasite in the drinking supply in the Devon town of Brixham knocked both its profits and the already low standing of South West Water. 

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