SSE reported a weak set of H1 results, in line with the September profit warning. Adjusted operating profit was down 24%, to €448m on the back of lower renewables output and losses in the group’s EMP activities, due in part to a losing short position on gas prices. The group reiterated its five-year dividend plan.
14 Nov 2018
Unsurprisingly weak H1 results
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Unsurprisingly weak H1 results
SSE PLC (SSE:LON) | 2,298 7639.2 16.8% | Mkt Cap: 25,480m
- Published:
14 Nov 2018 -
Author:
Edouard Enault -
Pages:
3 -
SSE reported a weak set of H1 results, in line with the September profit warning. Adjusted operating profit was down 24%, to €448m on the back of lower renewables output and losses in the group’s EMP activities, due in part to a losing short position on gas prices. The group reiterated its five-year dividend plan.