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 Shares Traded Last Trade
  52.50 4.54% 1,209.50 4,382,616 16:35:22
Bid Price Offer Price High Price Low Price Open Price
1,207.00 1,209.00 1,213.50 1,125.00 1,129.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 7,331.60 1,370.60 137.90 8.8 12,571
Last Trade Time Trade Type Trade Size Trade Price Currency
17:48:03 O 1,720 1,209.50 GBX

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Sse (SSE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-04-08 17:32:161,209.501,72020,803.40O
2020-04-08 17:32:051,209.505,95171,977.35O
2020-04-08 17:31:591,209.505,95171,977.35O
2020-04-08 17:29:301,171.305,38063,015.72O
2020-04-08 16:48:011,209.504495,430.66O
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Sse (SSE) Top Chat Posts

Sse Daily Update: Sse Plc is listed in the Electricity sector of the London Stock Exchange with ticker SSE. The last closing price for Sse was 1,157p.
Sse Plc has a 4 week average price of 1,057.50p and a 12 week average price of 1,057.50p.
The 1 year high share price is 1,703p while the 1 year low share price is currently 997.80p.
There are currently 1,039,393,270 shares in issue and the average daily traded volume is 5,985,838 shares. The market capitalisation of Sse Plc is £12,571,461,600.65.
roby37: bluemango & Losos Not unsympathetic to either of your views. I feel that removal of the political threat has been priced in and not much reason for a higher valuation. There was an 80p "index linked" dividend in 2012 with a much lower share price. I'll buy if there is a significant fall.
bobby12340: Lots of wind and rain recently-good news for the largest renewable generation company in the UK. Soon to be rid of the dreaded retail business. Interim rwesults in a months time should be better reading than for a couple of years-upward and onward for the share price.
scrwal: Per the original release SSE holders would hold just under 2/3rds of the new company. The number of shares is unknown. The shareholding in SSE should remain the same. The divi of 80p relates to the SSE business that isn't demerged - there is no info about the new co until the transaction circular is released. The new co shares should be effectively free but the cost of the original SSE holding would need to be apportioned between the two - the exact calculation will be provided when the demerger of SSE takes place. I am assuming the above is via capital transactions - I don't want it done via a stupid divi scheme as my holding is not in an ISA. After the transactions have been completed who knows what the respective share prices will be , the SSE price could even rise.
bountyhunter: also, from SSE here... "The company will provide an update on the progress of discussions by mid-December and it won't provide further comment on in the meantime, it said."
jrphoenixw2: SSE Plc (SSE) Tuesday 25 September, 2018 Notification of closed period RNS Number : 7793B NOTIFICATION OF CLOSED PERIOD SSE plc will enter its closed period on 12 October, prior to the publication on 14 November 2018 of its financial results for the six months to 30 September 2018. This statement reiterates the technical guidance included in SSE's Trading Statement of 12 September 2018. Transition SSE continues to expect the 2018/19 financial year to be one of transition for the SSE group, with the proposed demerger of SSE Energy Services and, subject to final regulatory approval, subsequent combination of that business with npower Group Limited under a new holding company to be listed on the Premium Segment of the Main Market of the London Stock Exchange. The CMA announced on 30 August 2018 that it has provisionally found that the proposed merger does not raise competition concerns and the transaction remains on course for completion by the end of SSE's current financial year. Dividend SSE continues to expect to recommend a full-year dividend of 97.5 pence per share for 2018/19 and to deliver the five year dividend plan it set out in its Business Update on 25 May 2018. Results As set out in its Trading Statement on 12 September 2018, SSE expects that its adjusted operating profit for the six months to 30 September 2018 will be around half of that delivered in the same period in 2017 (which was £586m). The position with regard to the Wholesale, Networks and Retail businesses also remains as set out on 12 September 2018. SSE's adjusted net debt and hybrid capital is expected to be around £9.9bn at 30 September 2018. The outlook for the year to 31 March 2019 is also unchanged from that set out in SSE's Trading Statement on 12 September 2018. Ratings SSE believes that its ongoing commitment to a strong financial balance sheet, its high quality portfolio of assets and its increasing focus on economically-regulated networks and renewables contribute towards a strong credit rating. It will engage constructively with S&P following its 'negative watch' announcement on 19 September 2018 and Moody's following its 'review for downgrade' announcement on 24 September 2018. Investment SSE is still expecting its capital and investment expenditure to total around £6bn across the five years to March 2023, including around £1.7bn in 2018/19. The Stronelairg onshore wind farm (228MW), output from which will qualify for Renewable Obligation Certificates, now has 64 of the 66 turbines installed, and 44 commissioned and remains on course for completion in 2019. Beatrice offshore wind farm (588MW; SSE share 40%) now has 20 of the 84 turbines installed, with 18 exporting power, and it also remains on track for completion in 2019. The £1.1bn Caithness-Moray transmission link is now in advanced stage of commissioning. Scottish and Southern Electricity Networks continues to work with its key contractors to make the necessary progress so that the project remains on track for delivery by the end of 2018. Other developments Since SSE published its Trading Statement on 12 September, Total has announced a 'major' gas discovery on the Glendronach prospect, West of Shetland, which is operated by Total E&P UK with a 60% interest, alongside Ineos E&P UK Limited (20%) and SSE E&P UK Limited (20%). Interim Results on 14 November 2018 At its Business Update in May 2018, SSE set out how it is taking forward a new business model and re-shaping the SSE group to give it a greater focus on its core of economically-regulated networks and renewable sources of energy, and to give investors greater visibility of assets and earnings in the future. This work is continuing; and at its Interim Results in November SSE expects to set out how its energy portfolio management strategy will evolve to reflect its asset base and operations following the planned SSE Energy Services transaction. Alistair Phillips-Davies, Chief Executive, SSE said: "As we announced earlier this month, well-intentioned decisions intended to mitigate commodity price risk to SSE's businesses through energy portfolio management will lead to a disappointing outcome in terms financial results in 2018/19, something the Board clearly regrets. "We will work very hard in the coming months to deliver the best possible results in the circumstances for 2018/19 while making good progress towards the evolved business model for SSE set out in May 2018. We have made significant progress in our strategic goal of renewing and reshaping the SSE group for the long term with the planned SSE Energy Services transaction on course for completion as planned and key milestones reached in the programme of investment in new assets in regulated networks and renewable energy. "Fundamentally, it is the quality and nature of its assets and operations in regulated networks and renewables that will support the delivery of SSE's five-year dividend plan, to which we remain committed and which we are confident of delivering."
bobby12340: Circular advises 1 share in original SSE and 1 share in NEWCO. Original SSE will pay 80p dividend index linked for 5 years-implies share price of £14.50 at 5.5% yield. Plus NEWCO 1 share,the retail arm contributed about 20% of SSE profits, if it pays 16p/share to reflect the OLDCO 96p dividend this year then that implies a share price of around £4.00. So we could end up with shares in 2 companies valued £18.50 compared with current price of £13.50.
skinny: Preliminary results for the year to 31 March 2018 The dividend :- "The financial objective of this strategy is to remunerate shareholders' investment through the payment of dividends. SSE believes that its dividends should be sustainable, based on the quality and nature of its assets and operations, the earnings derived from them and the longer-term financial outlook. In line with this, taking account of the impact of the expected key developments in 2018/19, and reflecting the underlying quality and value of its assets and earnings and the cash flows they deliver, SSE's plan for the dividend for the five years to 2023 is as follows: · For 2018/19, SSE is intending to recommend a full-year dividend of 97.5 pence per share, an increase of 3% on 2017/18, which is broadly in line with expectations for RPI inflation. This provides clarity in a year of transition and is not subject to the timing of either the SSE Energy Services transaction or the Domestic Gas and Electricity (Tariff Cap Bill). · For 2019/20, SSE is planning to set the first post-transaction dividend at 80.0 pence per share, which reflects the impact of the changes in the SSE group expected to take effect by then. This provides a sustainable basis for future dividend growth. · For 2020/21, 2021/22 and 2022/23 SSE is targeting annual increases in the full-year dividend that at least keep pace with RPI inflation. This reflects SSE's confidence in the quality and value of its assets and earnings and cash flows they deliver. This plan for the dividend for the five years to March 2023, when the current electricity distribution Price Control comes to an end, supersedes SSE's previous reference to a dividend cover range and is a plan which: · Aims to provide shareholders with certainty in 2018/19, a year of transition for SSE; · Reflects the changes in the SSE group expected to take effect by the start of the 2019/20 financial year; and · Sets the dividend on a path for sustainable growth for the three years from 2020. SSE intends to retain a Scrip dividend scheme but where take-up of the full-year dividend exceeds 20%, SSE now intends to buy back shares so the dilutive effect of the Scrip is limited. In addition to the dividend plan above, subject to the necessary approvals being secured, the transaction relating to SSE Energy Services announced on 8 November means shareholders in SSE will receive one share in the planned new independent energy supply and services company for every one SSE share they hold at the demerger record date."
strutt12: 06th December 2013 SSE share price 13.02p four years later!! 31 Mar 2014 31 Mar 2015 31 Mar 2016 21 Mar 2017 turnover 30,585.00 31,654.40 28,781.30 29,037.90 Pre tax profit 575.30 735.20 593.30 1,776.60 attributable profit 323.10 543.10 460.60 1,599.50 retained profit -366.30 -55.40 -247.60 930.80 eps - basic (p) 33.50 55.30 46.10 158.40 eps - diluted (p) 33.30 55.20 46.00 158.20 During those four years they have paid dividends of 355.8p per share
bountyhunter: Could be good for shareholders in unlocking value imho... "...SSE would demerge its shares to its shareholders" SSE in Talks With Innogy to Create New Britain-Focused Energy Supply Company 07/11/2017 3:11pm Dow Jones News SSE (LSE:SSE) Intraday Stock Chart Today : Tuesday 7 November 2017 Click Here for more SSE Charts. By Oliver Griffin SSE PLC (SSE.LN) said on Tuesday that it was in talks with Innogy SE (IGY.XE) in regards to combining their Great Britain-based energy supply businesses. The new independent company would combine SSE's household energy and services unit with Innogy's household and business energy unit. SSE said that discussions were continuing and well-advanced, but added that no final decisions, or binding agreements, had been made. In the event that the deal goes ahead, the new combined business would be listed and SSE would demerge its shares to its shareholders. SSE said it was mindful of the requirements of customers and the concerns of employees, and said it will disclose the outcome of the discussions as soon as they are concluded.
johnroger: SSE – The results may be obscure and bewildering but the dividend looks very attractive BY ROBERT SUTHERLAND SMITH May 21, 2015, 08:51 AM UTC The first thing to report is that the SSE share price rose to 1,696p during the course of report day 20th May 2015; this is the highest the share price has been in five years. Consider it a nice capital gain with which to pay an energy bill that has not come down with the plunge in the wholesale price of gas and oil. One of course should not be surprised by that, insofar as one might reasonably suppose that it should have been a year when profit margins improved somewhat. I turned to the announcement with more than the usual eagerness I experience in approaching the results of energy companies. They occupy page after page that go on and on endlessly telling me much but containing little I readily understand. They looked, I thought rather miserably, as though they had been prepared by a multi disciplined team of PR operatives, lawyers and accountants, to consume those questing evidence of lower energy prices to come. As I cut my way through the seemingly endless forest of obscure and – for my purpose – less than pertinent information about everything except the accounting numbers, I grew fatigued scrolling down the endless pages of stuff. Being a true son of Albion, I persisted and at long last, after endless scrolled pages, I came at long last, to the meat of the matter – the accounts themselves. It was like arriving at an oasis after weeks crossing parched desert sands. Numbers were adjusted and restated, but on the basis of restated figures, it seems that net profits last year rose by 49% to £664 million and diluted earnings per share by 66% to a reported 55p. If that figure is to be relied upon, then the annual dividend of 88.4p is being substantially paid out of capital, which strikes me as unlikely; at least to the extent of 33.4p a share. The annual dividend by the way, was reported as up 1.9%. Turning to the cash position in the hope of greater clarity, operating cash was down 15% to £2,156.9 million which fortunately, was still 3.3 times larger than the cost of £598.1 million annual dividend. The interesting question is to ask where that operating cash went? Scratching my head, I then had a look at the latest market consensus estimates to see how that dove tailed into the outcome. They estimated that the underlying adjusted earnings per share figure was 124.1p, meaning that the 88.4p of dividend was being paid out of earnings not capital after all. Moreover, it was well covered. They also show that pre-tax profit was £735.4 million, not the company’s £664 million. Next year the consensus estimate is for pre-tax profits to increase 95% but earnings per share to come down 12% to 109p. Turnover is estimated as 4.3% lower, which does not seem to suggest a big reduction in energy prices to customers. The role of the ‘hybrid’ capital imported into the balance sheet in all this is no doubt significant. The important aspect of all this, is that despite all the smoke and mirrors, the market consensus estimates that annual dividends should rise from 88.4p to 90.83p this year (a forward estimated dividend yield of 5.5%) and to 93.6p the next year (a dividend yield of 5.6%). The company is clearly intent on maintaining the real value of the dividend payout so the shares continue to be a no brainer attractive buy, in my opinion.
Sse share price data is direct from the London Stock Exchange
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