Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  SSE plc    SSE   GB0007908733

SSE PLC

(SSE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

SSE Sees Coronavirus Hit to 1Q In Line With Expectations

share with twitter share with LinkedIn share with facebook
07/16/2020 | 03:45am EDT

By Jaime Llinares Taboada

 

SSE PLC said Thursday that the hit to its operating profit from the coronavirus during the first quarter of fiscal 2021 was in line with expectations, and that it anticipates its interim dividend to be in line with its inflation-linked policy.

The FTSE 100-listed energy company said in a trading update that it continues to expect a negative impact of between 150 million and 250 million pounds ($188.8 million-$314.7 million) before mitigation from the pandemic.

The group said it intends to declare an interim dividend of 24.4 pence in November based on inflation estimates, which would be up from 24.0 pence a year earlier. SSE said continues to target its five-year dividend policy, which would set the full fiscal 2021 payment at 80 pence plus RPI inflation.

On the operational side, SSE reported that in April-June its renewable power output rose 5.8% from a year earlier. Its gas-fired generation for the period increased 12%, while its distribution business transported 12% less power.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 


Stocks mentioned in the article
ChangeLast1st jan.
SSE PLC -2.08% 1250 Delayed Quote.-13.10%
share with twitter share with LinkedIn share with facebook
All news about SSE PLC
10/27GLOBAL MARKETS LIVE : Focus is on Microsoft
10/22SSE : Heating homes with wind could save millions in constraint payments and ben..
PU
10/21SSE : Half Year Notification of Closed Period
PU
10/15SSE : Promotes Martin Pibworth to New Energy and Commercial Director Role
DJ
10/15SSE : Targeting full decarbonisation of cars and vans in UK corporate fleets by ..
PU
10/13SSE : SSE agrees sale of its 50% share in Ferrybridge and Skelton Grange multifu..
AQ
10/13Britain's SSE sells stake in West Yorkshire facilities for £995 million
RE
10/13SSE : Sells Stake in Energy-From-Waste Projects for $1.3 Billion
DJ
10/13SSE : agrees sale of its 50% share in Ferrybridge and Skelton Grange multifuel a..
PU
10/08SSE : Is this finally a watershed moment for the UK's ‘net zero' ambition?
PU
More news
Financials
Sales 2021 6 879 M 8 892 M 8 892 M
Net income 2021 711 M 919 M 919 M
Net Debt 2021 9 724 M 12 569 M 12 569 M
P/E ratio 2021 18,1x
Yield 2021 6,50%
Capitalization 12 901 M 16 650 M 16 676 M
EV / Sales 2021 3,29x
EV / Sales 2022 3,21x
Nbr of Employees 11 676
Free-Float 99,1%
Chart SSE PLC
Duration : Period :
SSE plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SSE PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 1 443,42 GBX
Last Close Price 1 250,00 GBX
Spread / Highest target 37,3%
Spread / Average Target 15,5%
Spread / Lowest Target -4,40%
EPS Revisions
Managers
NameTitle
Alistair Phillips-Davies Chief Executive Officer & Executive Director
Richard D. Gillingwater Chairman
Gregor Alexander Finance Director & Executive Director
Martin Pibworth Independent Non-Executive Director
Sue Bruce Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SSE PLC-13.10%17 104
NEXTERA ENERGY22.99%145 873
ENEL S.P.A.-1.73%83 043
IBERDROLA, S.A.12.58%74 443
DOMINION ENERGY, INC.-3.65%66 972
DUKE ENERGY CORPORATION-0.25%66 910