Ahead of its full-year results due on May 28, SSE plc (SSE.L) on Thursday updated its performance and outlook for the year ended March 31, 2026.
The company said it expects full-year adjusted earnings per share in the range of 147p to 152p. Previously it was expecting 144p - 152p.
SSE said performance during the year was supported by sustained delivery across its core businesses as it advances its five-year £33 billion investment programme.
SSE's regulated Networks division saw a significant acceleration in activity, with capital investment expected to rise by around 60% compared with the previous year. The increase was primarily driven by its Transmission business, where five of 11 major projects are now under construction and 26 of the 34 required consents have been secured.
Total capital investment for the year is projected to be about £3.5 billion.
Renewable generation output is expected to reach around 14.5 terawatt hours, representing an increase of about 10% year-on-year.
The company said expectations for operating profit across its other business units remain unchanged.
The group also noted that while it continues to monitor developments in the Middle East, there has been no immediate impact on its overall performance.
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