Sse On Track for Profit Rise but Glendoe Plant Generation 'Put Back Until 2010'

The HeraldOctober 01, 2009

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Summary


PERTH-based power company Scottish and Southern Energy remains on track for a "moderate increase" in pre-tax profit for the year and an increased dividend, but it warned yesterday generation won't restart at the new Glendoe plant until "well into" next year.

Its shares closed up 14p or 1.2per cent at 1168p.

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Extract


Sse On Track for Profit Rise but Glendoe Plant Generation 'Put Back Until 2010'

SSE, owner of Scottish Hydro Electric, said its adjusted pre-tax profits for the six months to the end of September are expected to be...

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