Finance - SSE Group
The key financial results for the year to 31 March 2015 are in line with expectations set out in the Notification of Close Period published on the 26 March 2015 (comparisons with the previous year, unless otherwise stated):
Adjusted earnings per share* increased by 0.6% to 124.1 pence;
Adjusted profit before tax* increased by 0.9% to £1,564.7m;
Reported profit before tax increased by 24.1% to £735.2m;
Investment and capital expenditure fell by 6.8% to £1,475.3m;
Adjusted net debt and hybrid capital decreased by £74.7m to £7,568.1m;
Full-year dividend increased by 2% to 88.4 pence per share; and
Dividend covered 1.40 times by adjusted earnings per share.
