SSE plc (SSE.L) reported that its first half pretax profit declined to 586.3 million pounds from 845.9 million pounds, prior year. Earnings per share was 26.4 pence compared to 47.6 pence. Adjusted profit before tax declined to 521.5 million pounds from 724.7 million pounds. Adjusted earnings per share was 36.1 pence compared to 50.7 pence. For the six months ended 30 September 2025, revenue was 4.63 billion pounds compared to 4.46 billion pounds, previous year.
SSE reconfirmed divisional adjusted operating profit expectations for full-year 2025/26 and 2026/27. The Group also reconfirmed 2026/27 adjusted earnings per share guidance of between 175 - 200 pence.
SSE plc announced a fully-funded, 33 billion pounds five-year investment plan, significantly increasing exposure to UK electricity Networks. The investment plan to 2029/30 targets around 80% or 27 billion pounds to be invested in regulated UK electricity Networks and around 20% or 6 billion pounds selectively in Renewables and system Flexibility. The plan targets 7 - 9% adjusted earnings per share CAGR to between 225 - 250 pence in 2029/30.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.