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Pin to quick picksSSE Share News (SSE)

Share Price Information for SSE (SSE)

London Stock Exchange
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Share Price: 1,862.00
Bid: 1,860.00
Ask: 1,860.50
Change: 28.00 (1.53%)
Spread: 0.50 (0.027%)
Open: 1,838.00
High: 1,863.00
Low: 1,833.00
Prev. Close: 1,834.00
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SSE cuts earnings forecast; considers options on energy unit

Fri, 08th Feb 2019 07:58

(Sharecast News) - SSE said on Friday cut its full year adjusted earnings forecast as a result of the Capacity Market payments standstill, adding that it was mulling options for its energy services unit after the collapse of the sale to Innogy's Npower.In a trading statement, SSE said adjusted earnings fell would fall by 6p a shares, taking the forecast to 64p - 69p.The EU General Court ruled last November that Britain must halt payments under the scheme pending an investigation by European Union regulators. SSE said it was due £60m."The UK government continues to believe that the capacity market is the right mechanism for delivering security of supply at the lowest cost to consumers and stated in February 2019 that it intends to ensure that suspended payments are made to holders of capacity market agreements for 2018/19. This should make this income recognition issue a matter of timing only," SSE said.SSE said it believed its energy services operation would be "best positioned...in a future outside of the SSE group".Future options included a standalone demerger and listing, a sale or an "alternative transaction"."If none of the other options is viable SSE may retain Energy Services as a separate, ring-fenced business within the SSE group that would be expected to be cash flow positive," SSE said.The company said reaffirmed its commitment to recommend a full-year dividend for 2018/19 of 97.5p a share and to deliver the five-year dividend plan set out in May 2018.
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30 Mar 2023 09:11

LONDON MARKET OPEN: SSE rises on guidance; Drax falls on biomass snub

(Alliance News) - Stock prices in London opened higher in London on Thursday, as optimism returned to the markets and fears of banking crisis contagion faded.

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30 Mar 2023 07:57

LONDON BRIEFING: Stocks add to rebound; SSE ups earnings guidance

(Alliance News) - Stocks in London are set to build on Wednesday's gains, as risk appetite recovers following the recent banking turmoil.

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30 Mar 2023 07:49

SSE lifts full-year EPS guidance

(Sharecast News) - SSE lifted its full-year earnings per share guidance again on Thursday as it hailed a strong performance from its flexible generation plant.

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15 Mar 2023 17:21

UK budget winners and losers: the pound, gilts and stocks

LONDON, March 15 (Reuters) - Finance minister Jeremy Hunt presented less gloomy forecasts for Britain's economy at his Spring Budget on Wednesday.

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15 Mar 2023 07:05

Britain extends household energy support scheme to June

LONDON, March 15 (Reuters) - Britain extended its support for household energy prices by three months to the end of June, keeping in place a price cap that will see average annual bills stay at 2,500 pounds ($3,039). ($1 = 0.8226 pounds) (Reporting by William James, writing by Sarah Young)

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2 Mar 2023 15:48

UK dividends calendar - next 7 days

Friday 3 March 
CC Japan Income & Growth Trust PLCdividend payment date
DWF Group PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
ICG Enterprise Trust PLCdividend payment date
IG Group Holdings PLCdividend payment date
Paragon Banking Group PLCdividend payment date
PRS REIT PLCdividend payment date
Renew Holdings PLCdividend payment date
Monday 6 March 
Henderson Smaller Cos Investment Trust PLCdividend payment date
PayPoint PLCdividend payment date
Tuesday 7 March 
Schroder Real Estate Investment Trust Ltddividend payment date
Wednesday 8 March 
Aberforth Smaller Companies Trust PLCdividend payment date
Thursday 9 March 
Aberdeen Diversified Income & Growth Trust PLCex-dividend payment date
Alliance Trust PLCex-dividend payment date
Apax Global Alpha Ltdex-dividend payment date
Assura PLCex-dividend payment date
Athelney Trust PLCex-dividend payment date
Beazley PLCex-dividend payment date
Brooks Macdonald Group PLCex-dividend payment date
CT UK Capital & Income Investment Trust PLCex-dividend payment date
Dechra Pharmaceuticals PLCex-dividend payment date
DX Group PLCex-dividend payment date
Energean PLCex-dividend payment date
Irish Residential Properties Reit PLCex-dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCex-dividend payment date
Law Debenture Corp PLCex-dividend payment date
LondonMetric Property PLCex-dividend payment date
Melrose Industries PLCex-dividend payment date
Mid Wynd International Investment Trust PLCex-dividend payment date
Pantheon Infrastructure PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCex-dividend payment date
PZ Cussons PLCex-dividend payment date
Renishaw PLCex-dividend payment date
Ricardo PLCex-dividend payment date
Rio Tinto PLCex-dividend payment date
RM Infrastructure Income PLCex-dividend payment date
SDCL Energy Efficiency Income Trust PLCex-dividend payment date
SSE PLCdividend payment date
Tritax Big Box REIT PLCex-dividend payment date
Warehouse REIT PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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24 Feb 2023 09:37

LONDON BROKER RATINGS: SocGen cuts Burberry; BofA cuts WH Smith

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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24 Feb 2023 07:55

LONDON BRIEFING: IAG swings to profit; German GDP falls

(Alliance News) - Stocks in London were called higher on Friday, ahead of a key inflation reading in from the US.

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21 Feb 2023 20:54

UK's 2026/27 electricity capacity auction clears at 63 pounds/kW/yr

Feb 21 (Reuters) - Britain's auction to ensure enough electricity capacity for 2026/27 has cleared at 63 pounds per kilowatt (kW) per year, National Grid said on Tuesday.

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15 Feb 2023 08:29

UK power capacity auction prices fall from record

Feb 14 (Reuters) - Britain's auction to ensure sufficient electricity capacity for 2023/24 cleared at 60 pounds ($73.07) per kilowatt (kW) per year on Tuesday, National Grid said, down from last year's record high of 75 pounds/kWh/year.

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6 Feb 2023 10:11

Equinor, SSE look to expand offshore Dogger Bank Wind Farm

OSLO, Feb 6 (Reuters) - Norway's Equinor and British SSE Renewables are looking into the option of expanding their Dogger Bank Wind Farm offshore project in Britain by 1.32 gigawatt (GW), the two companies said on Monday.

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31 Jan 2023 15:46

UK earnings, trading statements calendar - next 7 days

Wednesday 1 February 
Entain PLCTrading Statement
FDM Group Holdings PLCTrading Statement
Gem Diamonds LtdTrading Statement
Glencore PLCTrading Statement
GSK PLCFull Year Results
Restore PLCTrading Statement
UK Commercial Property REIT LtdTrading Statement
Virgin Money UK PLCTrading Statement
Vodafone Group PLCTrading Statement
Wynnstay Grou PLCFull Year Results
Thursday 2 February 
Airtel Africa PLCQ3 Results
Anglo American PLCTrading Statement
BT Group PLCQ3 Results
Cranswick PLCTrading Statement
ICG Enterprise Trust PLCQ3 Results
Jadestone Energy PLCTrading Statement
JTC PLCTrading Statement
NCC Group PLCHalf Year Results
Renishaw PLCHalf Year Results
ScS Group PLCTrading Statement
Shell PLCFull Year Results
Friday 3 February 
no events scheduled 
Monday 6 February 
BlackRock Throgmorton Trust PLCFull Year Results
Brown Advisory US Smaller Cos PLCHalf Year Results
Tuesday 7 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Feedback PLCHalf Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
SSE PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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30 Jan 2023 09:16

LONDON BROKER RATINGS: Barclays raises Auto Trader to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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20 Jan 2023 18:01

London stocks post first weekly decline of the year

Retailers shine despite fall in Dec retail sales

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20 Jan 2023 12:06

LONDON MARKET MIDDAY: Sunny outlook for commodities lifts FTSE 100

(Alliance News) - Stock prices in London were higher at midday on Friday, with the FTSE 100 lifted by strength from mining and oil stocks amid a bright outlook for commodity demand.

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