Red Rock Resorts earnings beat by $0.54, revenue topped estimates
Investing.com -- SSE (LON:SSE) reported full-year 2024/25 results showing stable operational performance but trimmed its long-term investment plans amid a changing economic backdrop.
For the year ended 31 March 2025, adjusted operating profit came in at £2.42 billion, broadly flat compared to the prior year.
Adjusted pre-tax profit declined slightly to £2.13 billion from £2.20 billion. Adjusted earnings per share were 160.9p, in line with the reported earnings in March 2024.
Meanwhile, the company cut its five-year investment outlook down by £3 billion to £17.5 billion, citing changes in the macroeconomic environment affecting its energy businesses.
"The Group’s investment plans have not been immune to the changing macroeconomic environment and wider delays to the planning processes which have been seen over the last twelve months," SSE said in a statement.
SSE’s CEO said the company’s strong finances and a growing share of index-linked revenue underpin confidence in meeting the financial year 2027 earnings target of 175–200p and delivering sustainable growth through 2030 and beyond.