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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 | |
---|---|---|---|---|---|---|---|---|---|---|
71.00 | 4.15% | 1,780.50 | 1,775.50 | 1,776.50 | 1,776.00 | 1,731.50 | 1,732.50 | 3,645,528 | 16:35:16 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electric Services | 12.49B | -60.6M | -0.0555 | -320.00 | 19.41B |
By Rory Gallivan
LONDON--U.K. gas and electricity supplier SSE PLC (SSE.LN) said Thursday it expects to report adjusted earnings per share of between 122 pence and 125 pence for the year ending March 31, in line with its target of at least 120 pence.
The company also said it expects to declare a dividend rise in line with inflation of around 2%.
SSE now expects that its capital and investment expenditure for the year will total around 1.7 billion pounds ($2.1 billion).
SSE said it expects challenges including lower operating profit in its networks division will result in dividend cover in the next financial year being at the lower end of the range targeted for the next three years.
Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
March 30, 2017 02:44 ET (06:44 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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