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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 |
LONDON--SSE PLC (SSE.LN) said on Wednesday it expects to return to growth in fiscal 2017 and report underlying earnings per share of at least 120 pence, adding that it is going to meet its main financial objectives for the full year, including raising the dividend.
The electricity and gas company also said that for the first half of the fiscal year it is going to report adjusted earnings per share of at least 33 pence.
The operating profit from the networks unit is expected to "increase slightly" in the first half, the company said.
But the wholesale division "is expected to be negatively impacted by the significantly lower output of electricity from renewable sources than in the same period in 2015," the company added.
In retail, results are also expected to be negatively impacted by rising non-energy costs, SSE said.
Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga
(END) Dow Jones Newswires
September 28, 2016 02:43 ET (06:43 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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