Scottish & Southern Energy PLC
7 March 2002
Scottish and Southern Energy plc
Company Visit
Scottish and Southern Energy plc ('the Company') is hosting a visit for
analysts today (7 March) and tomorrow (8 March). The itinerary includes
visits to Peterhead Power Station and to the Company's Energy Management
Centre in Perth.
Separate presentations will be made on generation, energy trading, power
systems and regulation, each given by Executive Directors and other senior
managers. The focus of the presentations, which will be delivered on 8 March,
will be to educate analysts and inform them on how the Company operates its
core businesses, in line with its strategy as summarised in its interim
results announcement on 8 November.
The generation presentation will describe how SSE Generation supports the
Company's supply value chain while adding value through new investments such
as renewable energy. The energy trading presentation will describe how the
Company uses efficient purchasing or selling of energy to close out physical
positions and reduce risk, while using the traded market to optimise and
extract maximum value out of the SSE portfolio of contracts and assets.
The power systems presentation will describe how the Company is able to secure
year-on-year efficiency improvements while delivering growth in the regulated
business. The regulation presentation will describe the issues around Ofgem's
current proposals for British Electricity Trading and Transmission
Arrangements (BETTA).
The Company's management remains confident that it will deliver results
broadly in line with current market forecasts.
Copies of the presentations will be available from 8 March. For copies of the
presentation, or further information, contact:
Alan Young/Denis Kerby, Scottish and Southern Energy 0870 900 0410
Fiona Meiklejohn, Financial Dynamics 0207 831 3113
This information is provided by RNS
The company news service from the London Stock Exchange D
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