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SSE Sse Plc

1,780.50
71.00 (4.15%)
07 May 2024 - Closed
Delayed by 15 minutes
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

SSE Sees Fiscal Year Earnings In Line, Challenges Ahead

30/03/2017 7:59am

Dow Jones News


Sse (LSE:SSE)
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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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