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SSE (SSE) investor relations material

SSE Q2 2027 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2027 TU earnings summary1 Oct, 2026

Executive summary

  • Strong operational performance in regulated networks, with investment up 70% year-over-year, primarily in Transmission.

  • Renewable generation output increased by approximately 20% year-over-year due to favorable weather and capacity growth.

  • Dogger Bank offshore wind farm progressing as planned, with Dogger Bank B turbine installation over halfway complete.

Financial highlights

  • Interim adjusted EPS expected between 64 and 68 pence, reflecting reduced seasonality as regulated networks contribute more earnings.

  • Full-year adjusted EPS guidance reiterated at 168–193p for 2026/27 and 225–250p for 2029/30.

  • Capital investment for the half-year projected at around £2.5bn.

  • Adjusted net debt and hybrid capital expected to be about £11.5bn at half-year.

Outlook and guidance

  • Financial expectations for each business unit remain unchanged, subject to weather, market conditions, and plant availability.

  • Key winter months ahead will be significant for full-year performance.

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Frequently asked questions

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company operates through three segments: SSE Hydro; Scottish Hydro Electric Transmission; and Networks. The SSE Hydro segment manages the design, build, and operation of hydro electric schemes. The SHET segment includes the state-owned conventional generation fleet as well as natural gas networks that are operated for the account of Scottish Gas Consumers in England. The Network segment manages the generation and transmission network activities in Scotland. The company was founded in 1989 and is based in Perth, the United Kingdom.