Profit forecast up at SSE

Barry White

The multinational energy company SSE plc (formerly Scottish and Southern Energy plc) based in Perth, Scotland, has increased its full-year profit forecast after its gas-fired plants and storage sites benefited from higher gas prices reports the Financial Times Weekend (21/22 January) . The energy company reported that adjusted earnings were expected to rise to more than 150p a share in the 2022/23 financial year, up from its earlier figure of at least 120p.

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