By Matteo Castia
SSE PLC said Tuesday that it expects the coronavirus pandemic to cause a considerable hit to fiscal 2021 operating profit, but that it confirms its forecasts for full-year dividends and adjusted earnings per share.
The FTSE 100 energy company said the anticipated hit on full-year operating profit coming from the pandemic stands toward the middle of the 150 million pounds to 250 million pounds ($204.9 million-$341.5 million) range estimated in June 2020.
SSE said it continues to expect full-year adjusted earnings per share to be between 85 pence and 90 pence. It added that it intends to declare a full-year dividend of 80 pence a share.
The company also said total renewables output in the nine months ended Dec. 31 fell to 7,202 gigawatt hours, from 7,242 gigawatt hours in the year-earlier period.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
02-02-21 0234ET