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SSE's Q3 Trading Statement - 2014/15

26 Jan 2015

SSE plc completed the third quarter of its financial year on 31 December 2014.

Alistair Phillips-Davies, Chief Executive of SSE, said:
"Customers are at the heart of SSE's business, and our work to secure their energy supplies in wholesale markets last spring enabled us to guarantee that prices would not increase until at least January 2016, showing we are committed to treating all of our customers fairly and to giving them stable prices over the long-term. We're being true to that commitment with a 4.1% reduction in the typical gas bill and an extended guarantee meaning gas and electricity prices won't go up before July 2016 at the earliest.

"The challenging business environment we identified at the start of this financial year is likely to continue into the new financial year and we believe that addressing the resulting issues directly is the right thing to do for customers and the best way of safeguarding the interests of investors. That is why, at the same time as reducing tariffs for customers, we're continuing to make sure our own house is in order in the future, with a clear focus on our value programme to make sure SSE is well-positioned for the long term."

You can read the full trading statement here.