RNS Number : 4229I
27 March 2024

SSE plc

notification of closed period

27 march 2024


  • 2023/24 adjusted earnings per share expected to be in the range of 152 - 160 pence, consistent with previous guidance.
  • On course to deliver investment of around £2.5bn this financial year, reflecting high-quality project pipeline and disciplined capital allocation.
  • Reaffirming target of 175 - 200 pence adjusted earnings per share for 2026/27, as the Group continues to deliver the Net Zero Acceleration Programme Plus.


PRE-Close Trading Update

SSE today updates the market that it expects full-year 2023/24 adjusted earnings per share to be between 152 - 160 pence. This narrower range is consistent with previous guidance of more than 150 pence, and reflects renewables output 13% below plan for the year to 21 March 2024 as well as SSE Thermal delivering adjusted operating profit of more than £750m.

The Group remains on track to report full-year 2023/24 capital expenditure of around £2.5bn, as it continues to progress its high-quality project pipeline. This is underpinned by a strong balance sheet, with adjusted net debt and hybrid capital expected to be around £9.5bn at 31 March 2024.

In the longer term, the Group continues to focus on the delivery of the investment, operational and financial growth targets as set out in the Net Zero Acceleration Programme Plus. This includes reaffirming the target of 175 - 200 pence adjusted earnings per share for 2026/27.

The full-year Results presentation and Q&A session will be conducted virtually on 22 May 2024.




SSE Investor Relations


Michael Livingston

+44 (0)345 0760 530


SSE Media


Glenn Barber,

Raymond Buchanan

+44 (0)345 0760 530


Oliver Hughes

+44 (0)7885 224 532

James McFarlane

+44 (0)7709 496 125


Provisional Investor Timetable

Preliminary results for the year ended 31 March 2024

22 May 2024

AGM and Q1 Trading Statement

18 July 2024

Final ex-dividend date

25 July 2024

Record date

26 July 2024

Scrip reference pricing days

Scrip reference price confirm and released via RNS

25 Ð 31 July 2024

1 August 2024

Final date for receipt of scrip elections

22 August 2024

Final dividend payment date

19 September 2024


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Sse.
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Sse.