SSE.L - SSE plc

LSE - LSE Delayed Price. Currency in GBp
1,339.00
+8.50 (+0.64%)
As of 9:50AM BST. Market open.
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Previous close1,330.50
Open1,320.50
Bid1,338.50 x 0
Ask1,339.00 x 0
Day's range1,318.50 - 1,344.00
52-week range1,057.50 - 1,703.00
Volume365,176
Avg. volume3,873,116
Market cap13.918B
Beta (5Y monthly)0.44
PE ratio (TTM)N/A
EPS (TTM)-5.70
Earnings date17 Jun 2020
Forward dividend & yield0.80 (6.01%)
Ex-dividend date23 Jul 2020
1y target est1,324.00
  • SSE keeps dividend, sees coronavirus profits hit
    Reuters

    SSE keeps dividend, sees coronavirus profits hit

    The company turned its focus to renewable power generation and networks after selling its household energy supply and services arm to OVO Energy at the beginning of the year in a deal worth 500 million pounds. "We have put in place a comprehensive plan to achieve the related objectives of sustaining the dividend payments which provides vital income for people's pensions and savings," Richard Gillingwater, SSE chairman, said in a statement. More than 100 British companies, including retailer Marks and Spencer <MKS.L> and broadcaster ITV <ITV.L>, earlier this year postponed or ditched dividend payments to preserve cash because of the economic fallout from the novel coronavirus..

  • Reuters

    Britain's OVO Energy to cut 2,600 jobs, close offices

    "We are seeing a rapid increase in customers using digital channels to engage with us ... we are expecting a permanent reduction in demand for some roles, whilst other field-based roles are also heavily affected," said OVO Chief Executive Stephen Fitzpatrick. The job losses would affect positions across both the SSE Energy Services and OVO Energy brands and would largely be achieved through voluntary redundancies over 2020, OVO said. OVO said it had been engaging with trade unions and had agreed not to proceed with moving some roles offshore.

  • CNW Group

    Deutsche Bank's Depositary Receipts Virtual Investor Conference presentations now available for On-Demand Viewing

    Deutsche Bank's Depositary Receipts Virtual Investor Conference presentations now available for On-Demand Viewing

  • CNW Group

    International companies to host live webcasts at Deutsche Bank's Depositary Receipts Virtual Investor Conference on March 18th and 19th, 2020

    International companies to host live webcasts at Deutsche Bank's Depositary Receipts Virtual Investor Conference on March 18th and 19th, 2020

  • SSE warns on Labour's energy nationalisation policy
    Reuters

    SSE warns on Labour's energy nationalisation policy

    British utility SSE <SSE.L> on Wednesday warned of challenges for energy firms due to the election next month and opposition Labour Party plans to nationalise some energy infrastructure, as it reported a higher first-half adjusted pretax profit. Labour has pledged to nationalise energy networks and also set up a state-owned company to develop and own stakes in the country's offshore wind farms if it wins power in the Dec. 12 election, plans that SSE says could make it more difficult to develop new projects. Labour's plans would be hugely disruptive for the industry and could risk the UK's leadership position in offshore wind, Alistair Phillips-Davies, SSE CEO said in a telephone call with journalists.

  • Investing.com

    Premarket London: SSE Profit Rises; Wizz Air Soars

    Investing.com -- Here is a rundown of the regulatory news releases from the London Stock Exchange on Wednesday, 13th November. Please refresh for updates.

  • Reuters

    UK competition watchdog looking into OVO deal for SSE's retail arm

    The UK's Competition and Markets Authority (CMA) said on Thursday it would investigate whether OVO Energy's 500 million pound ($646 million) deal to buy power company SSE's <SSE.L> retail arm will lessen competition in the sector. The deal if approved would create the country's second- largest energy supplier with around 5 million household customers, behind Centrica's <CNA.L> British Gas. "We have long believed that a dedicated, focused and independent retailer will ultimately best serve customers, employees and other stakeholders," Alistair Phillips-Davies, SSE chief executive, said via email.

  • SSE first-half profits hit by capacity payments delay
    Reuters

    SSE first-half profits hit by capacity payments delay

    A European Union court ruling last year forced Britain to halt payments under its capacity market scheme, which pays generators to be available during periods of high demand, pending a review by the European Commission. SSE, one of Britain's so-called Big Six energy firms, said the continuing suspension of the payments meant the company was unable to recognise pending payments totalling 148 million pounds. The European Commission launched the review of Britain's capacity market scheme in February but industry experts have said this could take 12 months to complete.

  • Reuters

    SSE sells UK retail energy unit to newcomer OVO

    SSE's retail energy business is the third-largest supplier of the "big six" in the British market, supplying energy and related services to around 3.5 million household customers. Ovo, set up only 10 years ago, has expanded to be Britain's largest independent energy supplier, with 1.5 million customers. The deal comes after SSE and Germany's Innogy scrapped plans last year to merge their British energy retail operations.