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SSE PLC on Wednesday said it expects adjusted earnings to be lower in its current financial year as it reported a strong operational performance against mixed weather conditions. The Perth, Scotland-based electricity generator expects adjusted earnings per share in the financial year to March between 144 pence and 152p, down from 160.9p in the year prior. RBC Capital Markets said the mid-point of guidance 148p compared to Bloomberg consensus of 149.9p per share. In a trading update, SSE said business unit operating profit expectations remain unchanged. SSE said the regulated networks business delivers a 64% increase in investment compared to the first nine months of the last financial year, as strategic delivery accelerates. Generation output from SSE Renewables over the first nine months of the financial year ending in March was 7% higher than the same period in the prior year, reflecting the ongoing increase in capacity from its construction programme against mixed weather conditions. ‘We are encouraged by recent steps from government and regulators - from positive signals on the upcoming transmission price control to the success of AR7 and updated ambitions for offshore wind - which highlight the value of SSE’s integrated business model and will ultimately help deliver a cleaner, secure and more affordable energy system,’ said Chief Financial Officer Barry O’Regan. Shares in SSE rose 1.3% to 2,467.00 pence in London on Wednesday morning. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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