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Operating Profit by Segment
Reveals the profitability of each business segment, highlighting which areas are driving earnings and where there might be challenges or opportunities for growth.SSE's operating profit from Networks and Renewables segments has surged, reflecting strategic investments and capacity additions. Despite a dip in Thermal and Gas Storage profits due to market normalization, the company's focus on upgrading transmission and distribution networks is paying off, with a 53% profit increase in Networks. Renewables also saw a 25% profit rise, driven by expanded capacity. SSE's commitment to a GBP 17.5 billion investment plan, despite external challenges, underscores its strategic pivot towards sustainable growth, aiming for inflation-linked earnings to dominate EBITDA by 2027.
Date | Distribution | Transmission | Renewables | Thermal | Gas Storage | Business Energy | Airtricity | Enterprise | EPM | Corporate Unallocated |
|---|---|---|---|---|---|---|---|---|---|---|
Sep 30, 2024 | £346.30M | £210.00M | £270.50M | -£6.30M | -£34.80M | £60.10M | £70.60M | -£19.00M | £79.30M | -£73.90M |
Mar 31, 2024 | £152.00M | £271.80M | £654.00M | £409.80M | £49.10M | £7.80M | £89.20M | -£17.20M | £501.10M | -£111.70M |
Sep 30, 2023 | £120.10M | £287.30M | -£23.70M | £234.60M | -£91.30M | £88.00M | £5.30M | -£8.40M | £88.90M | -£98.50M |
Mar 31, 2023 | £207.80M | £197.10M | £475.60M | £746.80M | -£295.60M | -£42.60M | -£9.60M | -£25.50M | -£668.00M | -£97.20M |
Sep 30, 2022 | £174.60M | £208.40M | -£29.30M | £342.70M | £544.80M | £60.50M | £14.80M | -£8.00M | -£1.96B | £14.40M |
Mar 31, 2022 | £198.50M | £198.80M | £461.40M | £414.50M | -£138.50M | -£23.90M | £63.30M | -£4.40M | £873.90M | -£192.60M |
Sep 30, 2021 | £153.30M | £181.70M | -£33.60M | £215.60M | £263.90M | £2.40M | -£2.90M | -£24.80M | £1.21B | -£60.90M |
Mar 31, 2021 | £155.90M | £105.70M | £537.40M | £717.20M | -£1.70M | £11.60M | £29.60M | -£69.70M | £288.70M | -£61.50M |
Sep 30, 2020 | £154.80M | £115.20M | £318.60M | £58.10M | £4.50M | -£15.50M | £20.40M | -£37.00M | £319.80M | £46.20M |