Sse Plc ( (SSEZY) ) has released its Q2 earnings. Here is a breakdown of the information Sse Plc presented to its investors.
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SSE Plc is a leading energy company in the UK, primarily involved in electricity generation, transmission, and distribution, with a focus on renewable energy and infrastructure development. In its latest interim results, SSE Plc announced a transformational £33 billion five-year investment plan aimed at enhancing the UK electricity network, which is expected to drive long-term value creation. The company’s financial performance for the six months ended September 2025 was in line with expectations, with adjusted earnings per share at 36.1 pence and a significant increase in capital investment by 22% to £1.6 billion, primarily in SSEN Transmission. Key highlights include a doubling of SSEN Transmission’s operating profit due to increased investment, while SSE Renewables faced a decline in profits due to unfavorable weather and lower hedged prices. Looking ahead, SSE Plc remains optimistic about its growth prospects, reaffirming performance expectations for the coming years and anticipating a significant increase in capital expenditure to over £3 billion for the full year 2025/26.