SSE (GB:SSE) has released an update.
SSE plc anticipates a promising half-year financial report with adjusted earnings per share exceeding 45 pence, driven by a stronger-than-last-year performance in renewables and consistent progress in their NZAP Plus investment programme. Renewables output saw a significant increase, and despite a stable market impacting thermal and gas storage earnings, the company maintains its full-year profit expectations. Additionally, SSE’s transmission segment has successfully issued a substantial Green Bond, contributing to an adjusted net debt of approximately £10 billion.
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