SSE shares rise on strong half-year results By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2024
0mins
Should l Buy ?
Source: Investing.com
Strong Financial Performance: SSE plc reported strong half-year results with adjusted EPS of 49.8p, exceeding guidance, and reaffirmed its full-year EPS target while maintaining a £20 billion clean energy investment program.
Leadership Transition and Market Challenges: CEO Alistair Phillips-Davies will retire in 2025, ensuring a smooth transition, while the company faces challenges in its Thermal Energy segment and fluctuating gas prices.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
