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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sse Plc | LSE:SSE | London | Ordinary Share | GB0007908733 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13.50 | 0.80% | 1,709.50 | 1,714.00 | 1,715.00 | 1,730.00 | 1,699.00 | 1,703.00 | 2,143,096 | 16:35:05 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electric Services | 12.49B | -60.6M | -0.0555 | -309.01 | 18.74B |
From May 2019 to May 2024
By Razak Musah Baba
LONDON--U.K. utility SSE PLC (SSE.LN) Wednesday posted a fall in half-year pretax profit due mainly to higher costs and said it has made a good start to the year.
For the six months to Sept. 30, the electricity and gas company posted pretax profit of 230.8 million pounds ($347.1 million) compared with GBP316.6 million a year earlier on revenue of GBP13.83 billion and GBP12.41 billion ,respectively.
Stripping out exceptional items and other one-off costs, pretax profit rose to GBP518.1 million from GBP334.6 million, SSE said.
"There should always be a degree of caution about half-year results, yet SSE has made a solid start to the 2015/16 financial year," Chairman Richard Gillingwater said.
SSE increased its interim dividend by 1.1% to 26.9 pence per share.
Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 11, 2015 02:39 ET (07:39 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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