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Insider UK
Insider UK
Business
Peter A Walker

FOUND: Sse reports trading ahead of expectations - What They Never Told You

SSE has reported first quarter performance slightly exceeding expectations.

The trading update stated that progress across its various capital expenditure projects "continues at pace", with first power from Seagreen offshore wind farm expected by the end of this month and construction on Viking onshore wind farm and Dogger Bank A, B and C offshore wind farms progressing.

The Perth-headquartered energy group expects to report full year adjusted earnings per share of at least 120 pence and anticipates adjusted capital expenditure and investment to total in excess of £2.5bn - including acquisitions, but net of project finance development expenditure refunds - this financial year.

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