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SSE ( (GB:SSE) ) has provided an announcement.
SSE plc has announced an expected increase in adjusted earnings per share for the fiscal year 2024/25, driven by a 17% rise in renewables output due to capacity additions and favorable weather conditions. The company plans to invest around £3 billion this year as part of its NZAP Plus investment program, maintaining a strong balance sheet with an expected net debt of £10 billion. SSE remains focused on delivering its investment plan and has set a target of 175 – 200 pence adjusted earnings per share for fiscal year 2026/27.
More about SSE
SSE plc operates in the energy sector, focusing on renewable energy and regulated networks. The company is committed to expanding its renewable energy capacity and maintaining strong operational performance across its business units.
YTD Price Performance: -0.15%
Average Trading Volume: 3,641,936
Technical Sentiment Signal: Sell
Current Market Cap: £17.52B
See more insights into SSE stock on TipRanks’ Stock Analysis page.