SSE celebrates £1.5bn rise in profits – nobody else does

23 January 2014

Well, it’s nice that somebody is getting something out of cripplingly high energy bills. SSE, who apologetically claimed they had ‘no choice’ but to raise energy prices by 8.2% have announced a shameful profit of £1.54bn, and you can bet they’re not going to let you have any of it back.

sse-logo

The profit announcement isn’t going to go down very well with the public, who want to slay the Big Six dragons after their huge price rises in November. SSE are particularly in the firing line as the first to announce price rises in a ‘sorry/not sorry’ tone – plus they were the last to agree on a reduction of prices after a government deal to reduce levies.

Alistair Phillips Davies, CEO of SSE, (no doubt lighting his stoagie with a £50 note) seemed particularly immune to what will surely be a massive customer backlash against the energy giant. In fact, he seemed rather tickled that they were all doing so well.

‘It is encouraging that SSE is on course to deliver real growth in the dividend and increases in adjusted earnings per share and adjusted profit before tax.'

WHOO HOO! REALLY JAZZED FOR YOU, DOLL!

We would crack open the champagne, but we spent all our money putting the boiler on for five minutes.

TOPICS:   Utilities   High Street News

10 comments

  • Andrew
    ‘It is encouraging that SSE is on course to deliver real growth in the dividend and increases in adjusted earnings per share and adjusted profit before tax.’ Whilst old people die. The energy "market" (it isn't a market) is a prime example of an oligopoly. What does OFGEM actually do, apart from go out on champagne lunches with the board members of the companies?
  • Phil
    As an SSE shareholder and non-UK resident I'm absolutely delighted by the news. Some of us worked damn hard to retire offshore in considerable comfort and its news like this that makes me sing with joy.
  • Coran
    Who needs heat...
  • Jerec
    HotukDeals users?
  • Chewbacca
    ^you missed out: "... are generally retards, particularly that workshy cunt raptorcigs who can't even fucking spell and has been on benefits since leaving school, the wank. Hartlzer is just as bad, and he's been insude, innit." The fucking morons.
  • Chewbacca
    Insude=inside, fact fans!
  • badger
    Massive fail, Chewie, the damage is done. Time for your medication.
  • Andrew
    My my Chewbacca, you're a very angry young wookie aren't you? You miss your mummy on Kashyyyk?
  • shiftynifty
    Nurse, Nurse, Chewie is wandering the streets, forums again!
  • Dirge M.
    "adjusted earnings per share and adjusted profit before tax"... ie skimming his feckin bonus off the top. Disingenuous bastard.

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