Strong Winds and Strategic Focus Propel SSE's Profit Growth

Strong Winds and Strategic Focus Propel SSE's Profit Growth

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London-listed energy giant SSE delivered a substantial increase in pretax profit as boss Alistair Phillips-Davies, said he would stand down next year after more than 11 years at the helm. In the six months to September, SSE’s adjusted pretax profit rose 26 per cent, climbing to £714.5m up from £565.2m in the same period last year. SEE said its business mix had “provided resilience”, with a “return to favourable weather conditions” helping to offset lower thermal revenue. It noted that average wind speeds…

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