Overview of 2017/18
SSE's financial highlights for the year to 31 March 2018 are set out below and are in line with its Notification of Closed Period statement of 29 March 2018, with adjusted earnings per share ahead of expectations at the start of the financial year. Comparisons are with the previous financial year unless otherwise stated.
· Recommended full-year dividend up 3.7% to 94.7p;
· Adjusted earnings per share down 3.6% to 121.1p;
· Adjusted operating profit down 2.4% to £1,828.7m#;
· Adjusted profit before tax down 6.0% to £1,453.2m;
· Net exceptional charges of £213.3m;
· Investment and capital expenditure down 12.9% to £1,503.0m;
· Adjusted net debt and hybrid capital up 8.7% to £9.2bn at 31 March 2018;
· Reported operating profit down 28.9 % to £1,379.2m;
· Reported profit before tax down 38.9% to £1,086.2m; and
· Reported earnings per share down 48.7% to 81.3p.
Ex div 26 Jul 18, paid on 21 Sep 18.
https://www.investegate.co.uk/sse-plc-- ... 00062670P/