SSE profits rise by 13.9%

Switch for the chance to WIN an amazing Amazon Echo Dot

Three of Amazon's most popular personal assistants to be won! (T&Cs apply)

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jan 2018 and 30 Jun 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £482 or more.

Scottish and Southern Energy (SSE) has announced that its profits rose by 13.9 per cent in the 12 months until March 31st.

The energy supplier's adjusted profit before tax stood at £1,229 million for the time period, while its full-year dividend increased by ten per cent to 60.5 pence.

According to the firm, it has gained 700,000 energy supply customers due to its responsible pricing policy, while it has grown to become the UK's second largest gas and electricity provider.

Sir Robert Smith, the chairman of SSE, said the results were "very good".

He explained: "All of this gives us the means to maintain our track record of dividend growth in the next decade.

"Delivering that dividend growth, delivering our investment programme and delivering excellent service to customers are our key priorities in 2008/09 and will remain so in the years ahead."

The release of SSE's financial results follows the announcement that the company is investing in the Greater Gabbard offshore windfarm.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more