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Power utility SSE said its first-half profit more than doubled after higher earnings at its distribution and transmission businesses offset a loss at its renewables unit.
Pre-tax profit for the six months through September increased to £1.69 billion, up from £779.4 million year-on-year, and also benefited from mark-to-market revaluation gains on operating derivatives.
Adjusted pre-tax profit rose 30% to £174.2 million.
SSE declared an interim dividend of 25.5p per share, up 4.1% from 24.4p year-on-year and in line with its five-year dividend plan to 2023.
Looking forward, SSE said it expected to report full-year adjusted earnings per share 'at least in line' with consensus of analysts' forecasts of 83p.
Adjusted EPS in the first half rose 44% to 10.5p, just above SSE's guided range of between 7.5p and 10p.