|Bid||1,320.00 x 401200|
|Ask||1,398.00 x 27500|
|Day's range||1,344.00 - 1,363.50|
|52-week range||1,176.50 - 1,477.00|
|PE ratio (TTM)||16.79|
|Forward dividend & yield||0.95 (6.76%)|
|1y target est||1,427.50|
By Danilo Masoni MILAN (Reuters) - Earnings updates were the main focus on Thursday as Britain's top share index inched higher, but it stayed within recent tight ranges as caution over the outcome of Brexit ...
Earnings updates were the main focus on Thursday as Britain's top share index inched higher, but it stayed within recent tight ranges as caution over the outcome of Brexit talks predominated. The FTSE ...
* Beatrice wind farm off the Caithness coast in Scotland has generated power for the first time, operator SSE said on Thursday * Following installation of the first 7-megawatt turbine, the wind farm exported ...
The pound has fallen below the $1.30 mark for the first time in 10 months after retail sales figures added to growing market doubts about an August interest rate rise. The Office for National Statistics (ONS) showed sales volumes excluding fuel during June were 0.6% down on the previous month - coming in below the expectations of economists. Its inflation data released 24 hours earlier showed strong discounting among fashion retailers in June, underlining the pressure on stores to shift stock at a time of continued caution by consumers.
Around 5 million British households are set for lower energy bills this winter after parliament approved a law on gas and electricity tariff price caps, energy regulator Ofgem said on Thursday. Ofgem is now required to cap prices on Standard Variable Tariffs offered by the six dominant energy providers for households using gas and electricity which studies have shown were far higher than other tariffs on offer. Some consumers could save up to 350 pounds a year on gas and electricity bills by switching suppliers," Ofgem said.
European utilities fell after U.K. energy company SSE Plc said the dry, mild weather that cut quarterly profit could hurt full-year results. SSE, the second-worst performer, fell the most since May and U.K. energy supplier Centrica Plc slumped for a fifth day. “We expect SSE to be off on this news this morning,” John Musk, utilities analyst at RBC Europe Ltd said.
(Reuters) - SSE Plc (SSE.L), Britain's second-largest energy supplier, lost 320,000 customer accounts in the first quarter, hurt by competition from newer, smaller rivals. Total customer accounts fell ...
In March 2018, SSE plc (LON:SSE) released its latest earnings announcement, which suggested that the company experienced a immense headwind with earnings falling by -48.63%. Investors may find it usefulRead More...
Harvey Jones says FTSE 100 (INDEXFTSE: UKX) utility giants National Grid plc (LON: NG) and SSE plc (LON: SSE) should continue to deliver a powerful stream of dividends.
LONDON (Reuters) - British utility SSE (SSE) plans to enter its Seagreen wind project that lies off the coast of Scotland into Britain's auction for renewable subsidies next year, it said on Wednesday. ...
British utility SSE plans to enter its Seagreen wind project that lies off the coast of Scotland into Britain's auction for renewable subsidies next year, it said on Wednesday. * Seagreen Wind Energy Limited, ...
French power producer Engie (Brussels: ENGI.BR - news) , which entered the British retail market last year, will have a 100,000-strong customer base in the country by the end of 2018, a year that will also be more profitable, its UK chief told Reuters. This year's exceptionally cold winter that caused power prices to reach records in Britain benefited many energy firms as electricity and fossil fuel revenues grew. As a result, Engie (LSE: 0LD0.L - news) grew its business in Britain and the company expects 2018 profit to exceed that of 2017 in the energy services business, its chief executive for UK and Ireland Wilfrid Petrie told Reuters on Tuesday.
E.ON will raise prices for British customers taking both gas and electricity by 4.8 percent from Aug. 16, the German utility said on Tuesday, the last of the "big six" energy suppliers to increase its tariffs. The move follows similar increases announced this year by the other five big suppliers in the country, and comes as regulator Ofgem is working to set a cap on standard prices by the end of the year. Utilities have denied overcharging, but the Competition and Markets Authority found they had overcharged some British households a total of 1.4 billion pounds a year on average from 2012 to 2015, prompting the government to act.
Britain's dominant energy companies have been under scrutiny by the government, which is putting a price cap on standard variable tariffs to combat what it has called "rip off" energy prices. Energy regulator Ofgem said the cap should be in place by the end of the year.
SSE plc (LSE:SSE) is trading with a trailing P/E of 16.6x, which is higher than the industry average of 13.5x. While SSE might seem like a stock to avoid orRead More...
Britain's energy regulator plans to force companies to pay compensation to customers facing problems when switching supplier, in a bid to encourage more people to make the change. Customers could be paid at least 30 pounds ($40.15) for any issue faced, such as lengthy delays in any repayment or incorrect billing, under proposals launched by regulator Ofgem on Tuesday. The Competition and Markets Authority (CMA) found households overpaid 1.4 billion pounds a year from 2012 to 2015 because of uncompetitive standard tariffs, prompting the government to encourage people to switch supplier.
"Big six" energy supplier SSE (LSE: SSE.L - news) is increasing prices by an average of £76 a year in a hike affecting more than two million customers. The price changes - a 5.7% rise for gas and 7.7% for electricity bills - mean a typical dual fuel customer will see an increase of £1.50 each week. SSE blamed the price hike, which comes into effect on 11 July, on rising wholesale and government policy costs and said it would impact 2.4 million customers.
Britain's SSE said on Wednesday it would raise its standard electricity and gas prices, leading to a 6.7 percent increase on average to a typical dual fuel bill. The price rise, effective from July 11, ...
Britain's competition regulator on Tuesday set out more detail about what it intends to examine in its investigation of the tie-up between the retail power units of energy companies SSE (SSE.L) and Innogy’s (IGY.DE) Npower. The Competition and Markets Authority (CMA) said earlier this month it had launched in-depth investigation into the tie-up between the companies, saying it may reduce competition and increase prices for some households. The CMA will also consider any implications arising from plans for a larger asset swap between Innogy’s parent company RWE (RWEG.DE) and E.ON (EONGn.DE), which also has a British retail energy business.
Britain's competition regulator on Tuesday set out more detail about what it intends to examine in its investigation of the tie-up between the retail power units of energy companies SSE (LSE: SSE.L - news) and Innogy’s Npower. * The Competition and Markets Authority (CMA) said earlier this month it had launched in-depth investigation into the tie-up between the companies, saying it may reduce competition and increase prices for some households. * On Tuesday, the CMA said it would consider the impact of the merger on the supply of gas and electricity to customers in Britain.
Energy giant SSE (LSE: SSE.L - news) lost 430,000 customers last year as competition intensified and it prepares to merge its retail business with npower. It is the latest among the Big Six energy companies to report customer defections as energy prices rise and the government introduces new caps on bills. British Gas lost 110,000 customers in the first four months of this year and npower saw an exodus of 120,000 customers in the first quarter of 2018.