SSE plcs preliminary results for the year ended 31 March 2026 highlight a record year with £3.6bn capital investment, financial results towards the upper end of guidance, and a resilient business mix. The company delivered a fully-funded £33bn investment plan to 2030, focusing on Networks, Renewables, and Flexibility. Adjusted Earnings Per Share (EPS) was 153.5p, and a final dividend of 47.3p was recommended, resulting in a full-year dividend of 68.7p, a 7% increase. The companys increasing exposure to regulated, index-linked earnings provides financial resilience, and it reiterated its adjusted EPS expectations for 2026/27 and 2029/30. SSEs capital expenditure is expected to significantly increase to over £5bn in 2026/27, with net debt remaining within its strong investment-grade credit ratings. The companys sustainability goals, including cutting carbon intensity by 80% and increasing renewable energy output fivefold, remain on track.
| Financial Metric | 2025 | 2026 | Change |
|---|---|---|---|
| Operating Profit (£m) | 2,419.2 | 2,236.6 | (8%) |
| Profit Before Tax (£m) | 2,144.5 | 2,024.8 | (6%) |
| Earnings Per Share (p) | 161.3 | 153.5 | (5%) |
| Investment & Capital Expenditure (£m) | 2,910.4 | 3,585.6 | +23% |
| Net Debt and Hybrid Capital (£bn) | 10.1 | 10.1 | 0% |