Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross.
#1. SSE adjusted operating profits up 15%
Interim results have been published by SSE LON:SSE this morning, covering the six months to 30th September. Adjusted operating profits are up some 15%, which given the state of consumer energy markets at present could attract some criticism, although investors are likely to be reassured by such a robust set of numbers at a time when other providers are dropping like proverbial flies. SSE has also announced an acceleration of its net zero plans and committed to paying at least £3.50 dividend per share over the next five years.
#2. Speedy Hire full year numbers expected to come in ahead of expectations
Equipment rentals specialists Speedy Hire LON:SDY published results for the six months to 30th September this morning. Revenues advanced almost 30%, with the company strengthening its offering and also benefitting from a booming construction sector in general. Results for the full year are now expected to come in ahead of current market expectations.
#3. Experian full year guidance upgraded
Rounding off a trifecta of interims, Experian LON:EXPN has published its half year report today as well, covering the six months to 30th September. The company saw revenues advance by almost 25%, has upgraded its full year guidance and continues to benefit from the economic reopening post-COVID. However noting that some markets still remain constrained, the assumption here would be that the momentum can be sustained.
