Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Commodities  >  World (autre bourse)  >  NYMEX Henry-hub gas       

NYMEX HENRY-HUB GAS
Mes dernières consult.
Most popular
SummaryNews 
News SummaryAll newsTweets

Scottish and Southern Energy : SSE Warns 1st Half, FY18 Earnings to Be Hit by Lower Networks Profit

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/27/2017 | 08:54am CET

By Ian Walker

Utilities firm SSE PLC (SSE.LN) said Wednesday it expects first-half and full-year earnings for fiscal 2018 to be impacted by a reduction in networks, mainly due to the phasing of capital expenditure on transmission projects and the resulting impact on regulatory revenue.

SSE added that the unit will also be impacted by the sale its 16.7% equity stake in Scotia Gas Networks Ltd. last October.

The British energy company said networks adjusted operating profit for the year ended March 31, 2018 will be 150 million pounds ($201.2 million) lower than in the previous period.

Still, SSE said adjusted operating profit--which strips out exceptional and other one-off items--for the half-year ended Sept. 30 is expected to be higher in its wholesale and retail units.

The company expects first-half adjusted earnings per share in the range of 30 pence to 32 pence, compared with 34.2 pence previously, and lower than fiscal 2017 for the full year ended March 31.

Write to Ian Walker at [email protected]; @IanWalk40289749

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NYMEX HENRY-HUB GAS
01/18 TRANSCANADA : Keystone XL Pipeline Obtains Enough Shipper Commitments to Proceed
01/18 A Quiet Year Ahead for Uniper, Says RBC -- Market Talk
01/18 BHP Billiton Steady on Petroleum, Copper, Others -- Commodity Comment
01/18 GAS NATURAL FENOSA : Signs Ten-Year Contract to Supply Balearia With LNG
01/18 BHP Billiton Readies U.S. Shale Assets for Suitors
01/18 Woodside Expects Rise in LNG Production This Year
01/17 PIPELINE BUILDERS TRY NEW GROWTH STR : Bigger Pipes
01/17 Naftogaz CEO Says Ukraine Will Buy Gas From Russia This Year -Reuters
01/17 Pipeline Builders Outflank Opposition with Expansions
01/16 NEXTERA ENERGY : Florida Power & Light Directs Tax Benefits to Hurricane Costs, ..
More news