SSE on Course to Achieve Full-Year Financial Objectives
September 30 2015 - 2:58AM
Dow Jones News
By Ian Walker
LONDON--U.K. energy company SSE PLC (SSE.LN) said Wednesday it
is on course to achieve its main financial objective for fiscal
2016, despite its energy supply unit recording an operating loss in
the first six months and wholesale's profit being exceptionally
low.
SSE didn't give any more information except to say its priority
is to make sure the business performs well throughout the autumn
and winter.
"We are satisfied with the start we have made to the financial
year, and are pleased to have made good progress in both the
investment program and the operational performance in each of the
businesses," Finance Director Gregor Alexander said.
SSE will report earnings for the six months to Sept. 30 on Nov.
11.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 30, 2015 02:43 ET (06:43 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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