Nov 29 (Reuters) - PENNON GROUP PLC ::INTERIM DIVIDEND UP 7.9 PERCENT TO 11.97 PENCEPER SHARE.H1 UNDERLYING PRETAX PROFIT ROSE 2.3 PERCENT TO 131.1 MILLION STG.HY UNDERLYING REVENUE OF 723.9 MILLION STG VERSUS. 685.5 MILLION STG A YEAR AGO.GROUP HAS PERFORMED WELL IN H1 2017/18, AND IS ON TRACK TO DELIVER IN LINE WITH MANAGEMENT EXPECTATIONS FOR FULL YEAR 2017/18.WATER BUSINESS IS ON TRACK TO DELIVER AGAINST ALL BUSINESS PLAN COMMITMENTS, INCLUDING THOSE UNDER FINANCIAL ODIS, BY 2020.VIRIDOR SEES GENERATING SIGNIFICANT GROWTH IN EBITDA OVER COMING YEARS, WITH STEP UP EXPECTED FROM 2018/19 AS ADDITIONAL FACILITIES COME ON STREAM.
Pennon Group Plc : 2015/16 results in-line with management expectations . FY group revenue £1,352.3m versus £1,357.2m year ago . FY group profit before tax £211.3m versus £210.7m year ago . Pennon has further cost saving and synergy plans underway to deliver c.£11 million a year of enduring financial benefits by 2017/18 . For 2015/16, board has recommended a final dividend of 23.12p, up 6.0 pct . Pennon expects to deliver c.£27 million of net synergies by 2020 from integration of South West Water and Bournemouth Water .Final dividend up 6 percent to 23.12 penceper share.