- SSE’s adjusted EPS surpassed expectations for FY, coming in at 158.5p against the estimated 157.0p.
- The adjusted pretax profit for the fiscal year reached GBP2.17 billion, beating the estimates of GBP2.09 billion.
- SSE’s adjusted operating profit was also higher than anticipated, amounting to GBP2.43 billion against the projected GBP2.34 billion.
- The Distribution adjusted operating profit, however, was lower than expected at GBP272.1 million, as compared to an estimated GBP304.2 million.
- Transmission’s adjusted operating profit also fell short of estimates, coming in at GBP419.3 million against the expected GBP461 million.
- Renewables adjusted operating profit marginally missed the mark, with a realisation of GBP833.1 million against the forecasted GBP843 million.
- The dividend per share held steady as expected at 60.0p.
- In addition, the final dividend per share was declared at 40.0p.
- Out of the 17 ratings, the company received 14 ‘buy’ ratings, 2 ‘hold’ ratings and 1 ‘sell’ rating.
A look at SSE PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, SSE PLC shows a mixed long-term outlook. With a high score in the Dividend category and Momentum, SSE PLC seems to be performing well in terms of providing returns to its shareholders and showing positive price trends. However, the company scores lower in the areas of Growth and Resilience, indicating potential challenges in expanding its operations and dealing with unforeseen circumstances.
SSE PLC, a company that generates, transmits, distributes, and supplies electricity in the UK and Ireland, also operates in the natural gas and telecommunications sectors. While the company’s strong dividend and momentum scores suggest stability and attractive returns, the lower scores in growth and resilience highlight areas that may require attention for long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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