SSE sees 25% drop in pre-tax profit

Gas and electricity group SSE saw its adjusted profit before tax fall 25.4% for the half year to September.

Gas and electricity group SSE saw its adjusted profit before tax fall 25.4% for the half year to September.

Pre-tax profit dropped from £385.5m in 2010 to £287.4m for the same six month period this year, mainly as a result of wholesale gas prices being 40% higher than in the previous year.

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