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SSE

Current Price 1252.50p Bid 1251.50p Ask 1252.50p Change -4.02%
Last Updated: 01/04/2020 11:35. 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.

Financial Highlights Year Ended 31/03/2019

Revenue
£7,331.60m
Operating Profit/Loss
£1,563.00m
Dividend yield (%)
8.20
Total dividend for year
97.5000p
Dividend cover
0.69
P/E Ratio
17.70

Key Personnel

Alistair Phillips-Davies
Chief Executive Officer
Gregor Alexander
Finance Director
Richard Gillingwater
Chairman

Stock Details

EPIC
SSE
ISIN
GB0007908733
Shares in Issue
1,039.35m
Market cap
£13,017.86m

Analyst Views (5)

Strong Buy
 
0%
Buy
 
40.00%
Hold
 
60.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
1,252.50p
Bid Price
1,251.50p
Ask Price
1,252.50p
Volume
643,310
Change Today
-52.50p
% Change Today
-4.02%
Open
1,259.50p
Previous Close
1,305.00p
Intraday High
1,284.00p
Intraday Low
1,241.00p
52 Week High
1,686.50p
52 Week Low
1,008.00p
52 week high and low figures quoted above are calculated from intraday price data.

SSE News

Tuesday broker round-up 31 Mar 2020 | 13:42 SSE sees earnings at lower end; still plans to pay divi 27 Mar 2020 | 08:04 Friday broker round-up 13 Mar 2020 | 13:24 Friday broker round-up 14 Feb 2020 | 12:58 RBC stays positive on Renewables, downgrades Drax 12 Feb 2020 | 19:32 'Brexit is done but UK equities are not,' says Jefferies 10 Feb 2020 | 15:59 SSE holds earnings guidance; Green lights windfarm extension 31 Jan 2020 | 09:19 Goldman Sachs downgrades SSE after outperformance 07 Jan 2020 | 15:00 Tuesday broker round-up 07 Jan 2020 | 13:22 FTSE 100 movers: Flutter rises, NMC Health dives 19 Dec 2019 | 16:02 Monday broker round-up 16 Dec 2019 | 13:23 SSE retail sale to Ovo cleared by UK regulator 10 Dec 2019 | 07:56 FTSE 100 movers: Aviva falls, NMC Health climbs 18 Nov 2019 | 15:47 Monday broker round-up 18 Nov 2019 | 14:23 Thursday broker round-up 14 Nov 2019 | 13:39 SSE swings to interim profit; warns on UK political uncertainty 13 Nov 2019 | 08:42 Thursday broker round-up 07 Nov 2019 | 14:56 Berenberg lowers SSE to 'hold' as transition looks to be priced in 07 Nov 2019 | 13:36 CMA to look into Ovo acquisition of SSE retail business 24 Oct 2019 | 12:41 Tuesday broker round up 08 Oct 2019 | 14:51 SSE sells retail unit to Ovo for ?500m 13 Sep 2019 | 07:45 Morgan Stanley upgrades SSE to 'overweight' 10 Sep 2019 | 18:59 SSE in talks to sell energy services business to Ovo Group 12 Aug 2019 | 07:45 UK winter fuel bills to fall as Ofgem cuts price cap 08 Aug 2019 | 07:08 SSE maintains guidance even after lower renewables output 18 Jul 2019 | 07:51

Income Statement

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
7,331.60
27,250.40
Operating Profit/Loss
1,563.00
1,011.20
Net Interest
-321.60
-293.00
Pre-Tax Profit
1,370.60
864.40
Profit After Tax from continuing operations
1,428.20
748.00
Discontinued Operations
Profit After Tax
27.50
172.10
Profit/Loss for the Year
1,455.70
920.10
Attributable to:
Equity Holders of Parent Company
1,409.10
821.60
Minority Interests
46.60
98.50
Total Dividend Paid
97.5000p
94.7000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2019
31 Mar 2018
Basic
135.20p
64.30p
Diluted
135.20p
64.20p
Adjusted
67.10p
98.80p
Dividend per Share
97.5000p
94.7000p

Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
12,429.40
12,343.30
Intangible Assets
990.20
1,486.10
Investment Properties
n/a
n/a
Investments
2,834.90
1,762.80
Other Financial Assets
325.90
336.40
Other Non-Current Assets
840.50
866.80
Current Assets
Inventories
228.50
225.90
Trade & Other Receivables
3,144.60
4,071.70
Cash at Bank & In Hand
431.60
232.20
Current Asset Investments
n/a
n/a
Other Current Assets
4,116.80
1,889.80
Other Assets
n/a
n/a
Total Assets
25,342.40
23,215.00

Liabilities

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
697.40
650.30
Other Current Liabilities
7,011.90
6,369.20
Total Current Liabilities
7,709.30
7,019.50
Non-Current Liabilities
Borrowings
8,618.70
7,960.20
Provisions
1,964.70
1,815.30
Other Non-Current Liabilities
1,208.40
1,189.80
Total Non-Current Liabilities
11,791.80
10,965.30
Other Liabilities
n/a
n/a
Total Liabilities
19,501.10
17,984.80

Net Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Net Assets
5,841.30
5,230.20

Capital & Reserves

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Share Capital
523.40
511.50
Share Premium Account
879.60
890.30
Other Reserves
5.30
62.60
Retained Earnings
3,263.30
2,596.10
Shareholders Funds
4,671.60
4,060.50
Minority Interests/Other Equity
1,169.70
1,169.70
Total Equity
5,841.30
5,230.20

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
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 2019
31 Mar 2018
Dividend growth
2.96%
3.72%
Dividend yield
8.20%
7.40%
Dividend cover
0.69
1.04
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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