SSEZY SSE PLC (PK)

By Tapan Panchal

LONDON--Energy company SSE PLC (SSE.LN) Thursday raised its adjusted earnings per share guidance for the year ending March 31, and said that all three of its business segments--networks, retail and wholesale--are expected to be profitable in the year.

The Perth, Scotland, headquartered company raised its full-year earnings guidance to between 117 pence and 119 pence. It also confirmed that its full-year dividend will be at least equal to the retail price index, which is currently expected to be around 1%.

In January, SSE said it remains on track to deliver adjusted earnings per share for fiscal 2016 of at least 115 pence. The company reported adjusted earnings per share of 124.1 pence in fiscal 2015.

The FTSE100 listed company intends to publish its full-year results on May 18.

Write to Tapan Panchal at tapan.panchal@wsj.com

(END) Dow Jones Newswires

March 24, 2016 03:43 ET (07:43 GMT)

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