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Current Price 1732.50p Bid 1732.50p Ask 1733.00p Change -1.48%
Last Updated: 04/12/2024 08:29. Prices delayed by at least 15 minutes.
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Company Overview

SSE is the third largest supplier of electricity and gas in the UK. It supplies electricity and gas under Southern Electric, Scottish Hydro Electric, SWALEC and Atlantic brands and has over 7m customers. We develop, own and operate low carbon infrastructure to support the zero-carbon transition. This includes onshore and offshore wind, hydro power, electricity transmission and distribution grids, and efficient gas-fired generation, alongside providing energy products and services for businesses, and we have interests across Great Britain and Northern Ireland, Republic of Ireland, Japan, Spain, Portugal, Denmark and Poland.

Financial Highlights Year Ended 31/03/2024

Revenue
£10,457.20m
Operating Profit/Loss
£2,494.10m
Dividend yield (%)
3.60
Total dividend for year
n/ap
Dividend cover
2.64
P/E Ratio
10.40

Key Personnel

Mr Barry O'Regan
CFO & Executive Director
Mr Alistair Phillips-Davies
Chief Executive Officer
Mr Martin Pibworth
Executive Director
Mr Maarten Wetselaar
Independent Non-Executive Director
Dr Angela Strank
Non-Executive Director
Hon Elish Angiolini
Non-Executive Director
Mr John Alexander Manzoni
Non-Executive Director
Mr John Bason
Non-Executive Director
Mr Melanie Smith
Non-Executive Director
Mr Tony Cocker
Non-Executive Director
Ms Debbie Crosbie
Non-Executive Director
Ms Helen M Mahy
Non-Executive Director

Stock Details

EPIC
SSEL
ISIN
GB0007908733
Shares in Issue
1,006.18m
Market cap
£17,432.00m

Analyst Views (16)

Strong Buy
 
37.50%
Buy
 
43.75%
Hold
 
12.50%
Sell
 
0%
Strong Sell
 
6.25%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
1,732.50p
Bid Price
1,732.50p
Ask Price
1,733.00p
Volume
21,414
Change Today
-26.00p
% Change Today
-1.48%
Open
1,736.00p
Previous Close
1,758.50p
Intraday High
1,746.50p
Intraday Low
1,730.50p
52 Week High
2,015.00p
52 Week Low
1,545.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Continuing Operations
Revenue
10,457.20
12,490.70
Operating Profit/Loss
2,494.10
-808.60
Net Interest
-113.10
-59.30
Pre-Tax Profit
2,495.10
-205.60
Profit After Tax from continuing operations
1,884.40
-95.60
Discontinued Operations
Profit After Tax
n/a
35.00
Profit/Loss for the Year
1,884.40
-60.60
Attributable to:
Equity Holders of Parent Company
1,710.50
-123.00
Minority Interests
173.90
62.40
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2024
31 Mar 2023
Basic
156.70p
-14.70p
Diluted
156.50p
-14.70p
Adjusted
158.50p
166.00p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
16,611.50
15,395.90
Intangible Assets
2,324.60
1,960.30
Investment Properties
n/a
n/a
Investments
1,966.40
1,964.40
Other Financial Assets
64.20
246.00
Other Non-Current Assets
591.70
1,806.00
Current Assets
Inventories
343.00
394.90
Trade & Other Receivables
2,654.10
3,245.10
Cash at Bank & In Hand
1,035.90
891.80
Current Asset Investments
n/a
n/a
Other Current Assets
1,325.90
1,234.00
Other Assets
n/a
n/a
Total Assets
28,270.20
27,177.10

Liabilities

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Current Liabilities
Borrowings
1,128.00
1,820.60
Other Current Liabilities
3,732.80
3,722.50
Total Current Liabilities
4,860.80
5,543.10
Non-Current Liabilities
Borrowings
8,005.70
7,239.30
Provisions
2,249.20
2,041.80
Other Non-Current Liabilities
1,351.40
1,269.70
Total Non-Current Liabilities
11,606.30
10,550.80
Other Liabilities
n/a
n/a
Total Liabilities
16,467.10
16,093.90

Net Assets

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Net Assets
11,803.10
11,083.20

Capital & Reserves

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Share Capital
548.10
547.00
Share Premium Account
820.10
821.20
Other Reserves
457.60
525.90
Retained Earnings
7,345.00
6,657.60
Shareholders Funds
9,170.80
8,551.70
Minority Interests/Other Equity
2,632.30
2,531.50
Total Equity
11,803.10
11,083.20

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
02 Jan 2025
27 Feb 2025
21.20p
Final
25 Jul 2024
19 Sep 2024
40.00p
Interim
11 Jan 2024
08 Mar 2024
20.00p
Final
27 Jul 2023
21 Sep 2023
67.70p
Interim
12 Jan 2023
09 Mar 2023
29.00p
Final
28 Jul 2022
22 Sep 2022
60.20p
Interim
13 Jan 2022
10 Mar 2022
25.50p
Final
29 Jul 2021
23 Sep 2021
56.60p
Interim
14 Jan 2021
11 Mar 2021
24.40p
Final
23 Jul 2020
18 Sep 2020
56.00p
Interim
16 Jan 2020
13 Mar 2020
24.00p
Final
25 Jul 2019
20 Sep 2019
68.20p
Interim
17 Jan 2019
15 Mar 2019
29.30p
Final
26 Jul 2018
21 Sep 2018
66.30p
Interim
18 Jan 2018
16 Mar 2018
28.40p
Final
27 Jul 2017
22 Sep 2017
63.90p
Interim
19 Jan 2017
17 Mar 2017
27.40p
Final
28 Jul 2016
23 Sep 2016
62.50p
Interim
21 Jan 2016
18 Mar 2016
26.90p
Final
23 Jul 2015
18 Sep 2015
61.80p
Interim
22 Jan 2015
20 Mar 2015
26.60p

Dividend Metrics

Year End Date
31 Mar 2024
31 Mar 2023
Dividend growth
-37.95%
12.84%
Dividend yield
3.60%
5.40%
Dividend cover
2.64
1.72


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