Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

BREAKING NEWS

BREAKING NEWS

SSE misses on profit, flags 2019 risks as costs rise

SSE misses on profit, flags 2019 risks as costs rise
FILE PHOTO: An SSE vehicle is parked outside the Pitlochry Dam hydro electric power station in Pitlochry, Scotland, Britain, November 8, 2017. REUTERS/Russell Cheyne -
Copyright
RUSSELL CHEYNE(Reuters)
Text size Aa Aa

(Reuters) - British energy supplier SSE Plc on Wednesday missed analysts' expectations for annual profit and warned of another hit to results in 2019 as it battled stiff competition and rising costs.

The company, one of Britain's "big six" energy suppliers, said adjusted earnings for the 12 months ended March 31 fell to 67.1 pence per share.

(Reporting by Pushkala Aripaka in Bengaluru; editing by Patrick Graham)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.