SSE Fiscal Year 2020 Outlook Unchanged; Adjusted Operating Profit GBP148 Million
July 18 2019 - 2:43AM
Dow Jones News
By Adriano Marchese
SSE PLC (SSE.LN) said Thursday that its outlook for fiscal 2020
remains unchanged, despite lower-than-forecast renewable-energy
output in the first three months.
The U.K. energy supplier said its first-quarter adjusted
operating profit was 148 million pounds ($183.8 million) in the
three months to June 30.
In May the company reported that its pretax profit for the year
ended March 31 rose 59% to GBP1.37 billion after booking gains on
certain disposals.
The board has declared a full-year dividend of 80 pence a share,
in line with its five-year dividend plan set out in May 2018.
The company said that the key months in its fiscal year are
still to come.
Write to Adriano Marchese at adriano.marchese@dowjones.com
(END) Dow Jones Newswires
July 18, 2019 02:28 ET (06:28 GMT)
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