SSE said that recent weather has helped its renewable energy production catch up a little with what was originally planned.
The parent owner of SSE Airtricity and SSE Renewables upped its earnings outlook as it said that a 19 per cent shortfall in output from its wind and solar farms in the nine months to the end of December has reduced to a 12 per cent shortfall over the last year.
Bosses said the business has done well in the turbulent market of recent months, which has seen energy prices spike around the world.
"SSE's integrated and balanced business model has performed well in turbulent market conditions, with expected financial performance now broadly aligning with our internal projections at the beginning of the year," said finance director Gregor Alexander.
The business said that it expects adjusted earnings per share to reach between 92p and 97p in the year to the end of March. Previously guidance was set to at least 90p.
Full-year expenditure is still on track to exceed £2 billion while the £1.3bn it got from selling Scotia Gas Networks will help reduce adjusted net debt to £9bn.
"At the same time, we have made further progress with the SGN disposal and we have a number of attractive options to support accelerated electrification of the economy," Mr Alexander said.
"Our significant investment programme will make a huge contribution towards both net zero and energy security whilst publication of our Net Zero Transition Plan gives stakeholders more detail on how we will decarbonise our businesses."
