Jersey Electricity plc (LSE:JEL) reported a solid set of results for the year ended 30 September 2025, with revenue rising 8% to £146.2 million, supported by continued growth in its Energy division and higher customer demand. While profit before tax eased slightly, largely due to property revaluation movements and increased pension-related costs, the group’s underlying financial position remained robust.
The Board proposed a 5% increase in the dividend, reflecting confidence in cash generation and balance sheet strength despite the impact of non-operational items on reported profits. Cost discipline and steady top-line growth helped underpin earnings resilience during the period.
Strategically, Jersey Electricity continued to advance key investment programmes aimed at strengthening supply security and accelerating the shift towards sustainable energy. Ongoing initiatives include investment in renewable energy infrastructure, support for electric heating, and the expansion of electric vehicle adoption across the island. These projects align with Jersey’s long-term objective of achieving net zero emissions and reinforce the company’s role in the local energy transition.
From a market perspective, the company’s stable financial performance and appealing valuation metrics underpin its overall investment profile. Consistent revenue growth, prudent cost management, and a dependable dividend yield remain positives, while technical indicators suggest a broadly neutral share price trend with no strong directional signals.
More about Jersey Electricity
Jersey Electricity is an energy company focused primarily on the generation, distribution, and supply of electricity in Jersey. The group plays a central role in the transition to electric heating and transport and is committed to supporting the island’s move towards a more sustainable, reliable, and low-carbon energy system.
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