SSE Plc have announced a final dividend of 47.3 pence for payment on 17 September 2026. This amounts to a 2025/26 full year dividend of 68.7 pence, representing an increase of 7% on the prior year.
Other financial highlights include:
Adjusted Earnings Per Share of 153.5p, towards the upper end of guidance and reflecting continued strong operational performance during a period of macro-economic uncertainty.
Regulated Networks contributed around 40% of adjusted operating profits, including:
Increasing investment and associated allowed revenues in SSEN Transmission, with adjusted operating profit around 75% higher than prior year.
Distribution operating profits around 54% lower than prior year as expected given the non-recurring inflation adjustment in the prior year.
Capacity additions delivered by SSE Renewables were partially offset by less favourable weather conditions throughout the course of the year combined with lower hedged prices as expected, with adjusted operating profits around 4% higher than the prior year.
Operating profits across the Flexibility businesses were lower as expected, as market conditions, outages and lower volumes meant that adjusted operating profits were around 15% down on prior year.
Reported operating profit of £1,889m reflects a net £(157.7)m re-measurement charge, £(84.7)m group restructuring costs and £(77.9)m net asset impairments.
Adjusted taxation rate decreased to 9.6%, reflecting tax relief on increasing investment programme.
Adjusted capital investment increased by over 20% to £3.6bn, predominantly in SSEN Transmission.
Adjusted net debt and hybrid capital at £10.1bn, in line with expectations given increasing investment, with 3.3x net debt / EBITDA
