SSE reaffirmed earnings guidance as SSE stock sits 14.05 percent below its high

Published on 10/08/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year adjusted earnings per share is guided at GBp 64 to GBp 68. SSE stock costs EUR 29.20 on October 8, 2026 after EUR 29.10, plus 0.34 percent.

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SSE stock (ISIN GB0007908733) was trading at EUR 29.20 at Lang & Schwarz on October 8, 2026, while its LSE price stood 14.05 percent below the GBp 2,859.89 52-week high. On October 1, 2026, SSE had reaffirmed adjusted earnings per share guidance of GBp 168 to GBp 193 for 2026/27 and GBp 225 to GBp 250 for 2029/30. The combination gives investors a clear test for the November interim results.

Three investment milestones

On April 2, 2026, SSE outlined a GBP 29 billion plus electricity transmission investment program. On September 17, 2026, Berenberg reiterated its Buy rating while highlighting SSE's GBP 33 billion Transformation for Growth plan, as reported by Zonebourse. On October 1, 2026, the company linked its outlook to regulated-network investment and renewable generation.

What does the guidance mean for earnings?

SSE expects adjusted earnings per share of GBp 64 to GBp 68 for the six months ended September 30, 2026. The full-year range of GBp 168 to GBp 193 is 2.63 to 3.02 times the interim range midpoint of GBp 66, a comparison that reflects the company’s seasonal earnings profile rather than a like-for-like period comparison.

The October update also said the group expected capital investment of GBP 2.5 billion for the half-year and adjusted net debt plus hybrid capital of GBP 11.5 billion. For investors, that pairing makes delivery of the transmission program as important as the earnings range itself.

Which dates come next?

SSE’s next stated reporting date is November 18, 2026, when it is scheduled to publish interim results for the six months ended September 30, 2026. Fidelity lists the annual general meeting for July 2027 and the next annual report for June 2027, keeping the investment program and funding requirements central to the longer timetable.

SSE stock stays below its yearly high

On the London Stock Exchange, SSE was at GBp 2,458.00 on October 8, 2026, against a GBp 2,859.89 52-week high. The Lang & Schwarz price of EUR 29.20 was plus 0.34 percent versus the EUR 29.10 prior close of October 7, 2026, at 1:30 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of SSE stock.