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We have published our full-year results statement for 2012/13. The statement provides an update on each of our reportable segments - Wholesale, Retail and Networks.You can read the statement using the link to the right, or watch the webcast again using the link below.
SSE plc has today published its full-year results statement for 2012/13. The statement provides an update on each of SSE's reportable segments - Wholesale, Retail and Networks.
25.2p a share on 22 March 2013Dividend information page »
We don’t seek to maximise profitability in any one year but to maintain and develop a sustainable business that serves customers, employs people and pays dividends over the long term.
In December 1998 we were formed with the merger of Scottish Hydro Electric and Southern Electric.
We are one of the UK's largest generators of electricity with over 13,000MW of generation capacity in total (UK and Ireland) from the most diverse portfolio of power stations. We are the leading generator of electricity from renewables resources with a total generation capacity of 3,200MW.
We distribute electricity to 3.5 million homes and businesses across one third of the UK’s total land area.
Our latest annual report
Our first commitment is to ensure energy supplies are safe and reliable. But we also provide real, practical support which we hope will bring lasting benefit to communities in a number of ways.
Clyde has the largest wind farm Community Investment Fund in Scotland which is expected to be worth around £22million (£875,000 a year for the lifetime of the wind farm).
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We strongly support the fundamental principle that all investors should be treated equally. We believe we should disclose information about any transactions in which we are involved in a timely manner consistent with the Disclosure Rules and Transparency Rules ('the Rules') overseen by the UK Listing Authority (UKLA). In particular, we are mindful of the requirement to disclose as soon as possible any inside information.
Nevertheless, in common with other listed companies, we receive enquiries about possible transactions including acquisitions or disposals. Experience suggests many enquiries of this kind are prompted by parties with an interest in or motive for promoting speculation or unfounded rumours.SSE does not comment on enquiries suggesting transactions which could affect our listing on the London Stock Exchange, or involve another listed company, ‘on’ or ‘off’ the record. The consistent application of this policy means no-one making such an enquiry can infer an answer which could be deemed to amount to selective disclosure, which is prohibited by the Rules.We also don't comment on media or other reports suggesting possible transactions involving acquisitions or disposals. We would only do so if they contained information of substance which required formal disclosure in accordance with the Rules.Any transactions involving SSE which are entered into are, of course, disclosed in a timely manner in accordance with the listing rules. Where we felt we needed to depart from this policy, we would notify the UKLA and the Takeover Panel where appropriate.