SSE plc (SSE) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to our interim results presentation. Before we begin, let me first address today's announcement that I intend to retire from SSE during 2025 after 11 years leading the company. It's been an immense privilege to be SSE's chief executive and I am extremely proud of what we have achieved during my time here. However, I believe the time is right for the Board to begin the search for a successor, and I'm fully committed to delivering a smooth handover that maintains momentum on our significant growth plans. Our Chair, Sir John Manzoni, will lead the appointment process, taking account of our highly capable internal team and the wider market, and we'll update you in due course. In the meantime, I, along with the rest of the executive team, remain fully focused on delivering our strategy. I'm joined this morning by Barry O'Regan, our Chief Financial Officer, and Martin Pibbworth, our Chief Commercial Officer. And, as you will hear shortly, there is plenty to be getting on with as we make the most of the significant opportunities in front of us. We'd be delighted to take your questions after we present what has been a strong start to the year as we continue to drive high-quality, sustainable earnings across the Group. I'll start with our number one priority, safety. I'm pleased to say we've seen a significant reduction in both the number of injuries and the total recordable injury rate compared with the same period last year. In April 2024, we opened an industry-leading immersive safety centre where actors bring the reality of a safety incident to life for our employees and contractors. We've already put over 6,000 employees and partners through this programme and hope this investment will continue to have a real-world impact in ensuring everyone wor...