SSE PLC (FRA:SCT)
€ 20.4 -0.2 (-0.97%) Market Cap: 22.67 Bil Enterprise Value: 32.40 Bil PE Ratio: 10.98 PB Ratio: 1.69 GF Score: 83/100

Full Year 2019 SSE PLC Earnings Call Transcript

May 22, 2019 / 08:00AM GMT
Release Date Price: €11.68 (-0.85%)
Alistair Phillips;Davies
SSE plc - CEO & Chairman

Good morning, and welcome, everyone. The results we're presenting this morning are in line with our Q3 pre-close statements, but clearly disappointing. So today, we'll set out how we're taking forward our strategic focus on regulating networks and renewables, enabling SSE's key businesses to fulfill their huge opportunities, creating value through the low-carbon transition and delivering our 5-year dividend plan. And in doing all this, we're making a major contribution to the U.K. economy, including GBP 8.9 billion in the last year alone.

Our strategic priority is to trade value from developing and operating as well as owning energy assets and businesses. And we're making significant progress to delivering the GBP 1 billion Caithness-Moray link on time and on budget, finishing the Stronelairg wind farm 6 months early and on budget; commissioning of all the turbines offshore at Beatrice, which is on time and under budget; creating SSE Renewables as part of a wider refocusing of our business; making progress on the new approach

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