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SSE PLC on Thursday raised the bottom end of annual earnings guidance to reflect continued strong operational performance. The Perth, Scotland-based electricity generator now expects adjusted earnings per share of 147 pence to 152p in the financial year ending March. This compares to guidance of 144p to 152p per share provided in February, and 160.9p per share in the financial year prior. RBC Capital Markets said Bloomberg consensus for adjusted EPS for the financial year to March is 148.4p per share. Shares in SSE were up 0.2% at 2,682.00 pence each on Thursday morning in London, with the wider FTSE 100 down 0.6%. Regulated Networks businesses are expected to deliver an around 60% year-on-year increase in capital investment. The majority of this growth has been delivered in Transmission, which now has five of the 11 major projects under construction and 26 of the 34 required major consents received, SSE said. Renewable generation output is expected to be around 14.5 terawatt-hours, up 10% year-on-year, reflecting increasing capacity balanced by mixed weather conditions. Capital investment is expected to be around £3.5 billion for the year and adjusted net debt and hybrid capital is expected to be just over £10 billion. Operating profit expectations for the group’s other units, as well as all other forward-looking guidance previously provided, remains unchanged. SSE said there has been no immediate impact to performance from events in the Middle East. Results for the financial year to March 31 will be released on May 28. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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