Trade SSE PLC - SSE CFD

SSE Company profile

About SSE PLC

SSE PLC is an electricity network company engaged in generating renewable electricity. The Company is principally focused on clean electricity infrastructure. It develops, owns and operates low carbon infrastructure to support the zero-carbon transition. This includes onshore and offshore wind, hydro power, electricity transmission and distribution grids, alongside providing energy products and services for businesses, and it has interests across Great Britain and Northern Ireland, Republic of Ireland, Japan, Spain, Portugal, Denmark and Poland. Its segments include SSEN Transmission, SSEN Distribution, SSE Renewables, SSE Thermal, Gas Storage, Business Energy, SSE Airtricity, Distributed Energy and Energy Portfolio Management. It owns and operates an electricity transmission network in the north of Scotland and two electricity distribution networks in the north of Scotland and in central southern England. It is also engaged in the generation of power from renewable sources.

Financial summary

BRIEF: For the six months ended 30 September 2021, SSE PLC revenues increased 26% to £3.54B. Net income before extraordinary items increased 67% to £1.09B. Revenues reflect EPM segment increase from £368.5M to £822M, Thermal Generation segment increase of 78% to £370.4M, Electricity Distribution segment increase of 22% to £435.3M. Net income benefited from EPM segment income increase from £319.8M to £1.21B.

Equity composition

12/14/98, Merger between Scottish Hydro-Electric and Southern Electric. Original 1997 & 1998 periods reflect Scottish Hydro-Electric financials.