SSE announces Q3 trading statement

SSE plc completed the third quarter of its financial year on 31 December 2015.

Alistair Phillips-Davies, Chief Executive of SSE, said: “SSE continues to fulfil its core purpose of providing the energy people need in a reliable and sustainable way. I am pleased that we have been able to announce a reduction in retail gas prices – our third consecutive reduction in household energy prices – and to achieve a significant reduction in the number and duration of power cuts experienced by our networks customers.

“Market conditions, however, continue to be challenging. Nevertheless, SSE remains a resilient and diverse business, with a strong commitment to operational efficiency and delivering value for customers and investors. It remains firmly focussed on delivering this year’s financial objectives and making sure that the business is fully prepared for the future.”

You can view the full trading statement here.