SSE (LSE:SSE) expects half-year adjusted earnings per share of between 64p and 68p, the energy group said in a trading update ahead of its half-year results on 18 November.
The FTSE 100 energy group, which operates regulated electricity networks, renewables generation and flexibility services across the UK and Ireland, said the figure reflects lower seasonality as regulated networks earnings make up a growing share of the group total.
SSE reiterated its adjusted EPS guidance of 168p to 193p for 2026/27 and 225p to 250p for 2029/30, unchanged from the ranges set out at its full-year results in May.
Regulated networks investment rose around 70% year-on-year in the half, with most of the increase concentrated in transmission as work accelerates across SSE's 11 major transmission projects.
Renewable generation output is expected to climb around 20% year-on-year, helped by more favourable weather and added capacity; turbine installation at the Dogger Bank B offshore wind farm has passed the halfway mark, progressing in line with expectations.
Capital investment for the group is expected to total around £2.5bn for the half-year, with adjusted net debt and hybrid capital expected to reach around £11.5bn, up from £10.1bn at the last full-year results.
SSE said full-year expectations for each business unit remain unchanged, cautioning that performance stays subject to weather, market conditions and plant availability "with the key winter months still to come."
The company will report half-year results on 18 November.