- Adjusted operating profit was pulled down by the Covid-19 pandemic, but the statutory numbers benefitted from asset disposals.
- The interim dividend has been lifted by 2 per cent and the group is planning a full year payout of 80p per share plus RPI.
IC TIP:
Hold
at
1,384p
SSE (SSE) saw its adjusted operating profit decline by 15 per cent year-on-year in the six months to 30 September, to £418m. This reflects a £115m blow from Covid-19, largely stemming from lower electricity demand and increased bad debts from business customers.