SSE (formerly Scottish and Southern Energy) is a Scottish energy company. It is involved in the generation and supply of electricity and gas, the operation of gas and telecoms networks and other energy-related services such as gas storage, exploration and production, contracting, connections and metering.

Employee Rating

2.8More
TypePublic
HQPerth, GB
Founded1998
Size (employees)20,786 (est)-1%
Websitesse.com
SSE was founded in 1998 and is headquartered in Perth, GB
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Key People/Management at SSE

Crawford Gillies

Crawford Gillies

Senior Independent Director
Martin Pibworth

Martin Pibworth

Wholesale Director
Sally Fairbairn

Sally Fairbairn

Company Secretary and Director of Investor Relations
Alistair Phillips-Davies

Alistair Phillips-Davies

CEO
Colin Nicol

Colin Nicol

Managing Director, Networks
Gregor Alexander

Gregor Alexander

Finance Director
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SSE Office Locations

SSE has offices in Perth, North Somerset, Somerset, Wilton and in 48 other locations
Perth, GB (HQ)
Inveralmond House Dunkeld Rd
Aberdeen City, GB
200 Ashgrove Rd W
Belfast, GB
83-85 Great Victoria St
Bristol, GB
Victoria Terrace
Devon, GB
Heron Rd
Dundee City, GB
Baird Ave
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SSE Financials and Metrics

SSE Revenue

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SSE's revenue was reported to be £29.04 b in FY, 2017 which is a 0.9% increase from the previous period.
GBP

Revenue (H1, 2018)

12.2b

Gross profit (H1, 2018)

1.3b

Gross profit margin (H1, 2018), %

10.6%

Net income (H1, 2018)

357.2m

EBIT (H1, 2018)

549.4m

Cash (30-Sep-2017)

1.2b

EV

21.3b
Annual
GBPFY, 2015FY, 2016FY, 2017

Revenue

31.7b28.8b29.0b

Revenue growth, %

(9%)1%

Cost of goods sold

29.2b25.9b25.8b

Gross profit

2.4b2.9b3.2b
Half Year
GBPH1, 2016H1, 2017H1, 2018

Revenue

13.8b11.3b12.2b

Cost of goods sold

12.9b9.9b10.9b

Gross profit

905.6m1.4b1.3b

Gross profit Margin, %

7%12%11%
Annual
GBPFY, 2015FY, 2016FY, 2017

Cash

1.5b360.2m1.4b

Accounts Receivable

4.5b3.3b3.8b

Inventories

342.3m215.4m269.1m

Current Assets

8.9b6.1b7.4b
Half Year
GBPH1, 2016H1, 2017H1, 2018

Cash

1.7b257.9m1.2b

Accounts Receivable

3.3b2.5b2.6b

Inventories

339.1m220.5m284.0m

Current Assets

7.7b5.5b5.5b
Annual
GBPFY, 2015FY, 2016FY, 2017

Net Income

664.4m585.2m1.7b

Depreciation and Amortization

660.1m1.6b1.1b

Inventories

(8.5m)44.0m8.6m

Accounts Payable

394.0m(879.5m)1.1b
Half Year
GBPH1, 2015H1, 2017H1, 2018

Net Income

205.2m609.2m357.2m

Depreciation and Amortization

370.3m370.3m363.2m

Inventories

(5.1m)(5.1m)(14.9m)

Accounts Payable

(344.0m)(410.0m)(1.2b)
GBPY, 2017

EV/EBIT

38.8 x

EV/CFO

33.5 x

Revenue/Employee

575.9k

Debt/Equity

1.4 x

Debt/Assets

0.4 x

Financial Leverage

3.7 x
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SSE Operating Metrics

SSE's Customers was reported to be 8 m in FY, 2017.
FY, 2014FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018

Customers

9.10 m8.58 m8.21 m8 m

Total Thermal Generation Capacity, MW

8.34 k7.81 k7.28 k7.33 k7.33 k7.33 k

Total Renewable Generation Capacity, MW

3.33 3.39 k3.39 k3.28 k3.28 k3.31 k3.70 k

Total Electricity Generation Capacity, MW

11.67 11.73 k11.20 k10.56 k10.61 k10.64 k11.03 k
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SSE Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
The Energy Solutions Group Topco LtdJuly 31, 2014£66 m
Endesa Ireland LtdJune 15, 2012
Aquamarine Power LtdNovember 24, 2010
ESB Contracts LtdNovember 01, 2009
Uskmouth PowerAugust 13, 2009£27 m
Seeboard Trading LtdFebruary 29, 2008
Airtricity Inc.January 05, 2008£1.10 b
AtlanticApril 28, 2004£90.70 m
SSE Medway Operations LtdOctober 03, 2003
SWALECAugust 07, 2000£210 m
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SSE Revenue Breakdown

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SSE revenue breakdown by business segment: 69.2% from Wholesale, 26.7% from Retail and 4.0% from Other

SSE revenue breakdown by geographic segment: 97.4% from UK and 2.6% from Other

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SSE Online and Social Media Presence

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SSE News and Updates

SSE Pulls the Plug on Creating Giant U.K. Utility With Innogy

SSE Pulls the Plug on Creating Giant U.K. Utility With Innogy

Contract renewal for the award-winning safety partnership of SSE and Applied Driving Techniques

Applied Driving Techniques (ADT) has won a recent retendering exercise to be appointed as fleet safety partner to leading energy firm SSE Plc Posted via Industry Today. Follow us on Twitter @IndustryToday

SSE to Split Off U.K. Renewables Business Into Separate Unit

SSE to Split Off U.K. Renewables Business Into Separate Unit

UPDATE 1-Britain's SSE to take full ownership of Scottish offshore wind venture

British energy supplier SSE has acquired the other half of offshore wind joint venture Seagreen Wind Energy Limited from Fluor Ltd as it increases its renewable energy ambitions, the company said on Tuesday.

Cordless Vacuum Cleaner Global Market 2018: Key Players – BISSELL, Stanley Black & Decker, TTI, Dyson, GlenDimplex

Cordless Vacuum Cleaner -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

CREDIT SUISSE: Turkey's currency crisis is unlike many others in recent history, and there are 2 trades that could rake in profits

Options-market activity suggests traders aren't yet worried about Turkey's currency crisis spreading to other countries.  Credit Suisse derivatives strategists said a bullish reversal could be coming, having observed that a key emerging-market exchange-traded fund is trading differently compared …
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SSE Company Life and Culture

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SSE Frequently Asked Questions

  • When was SSE founded?

    SSE was founded in 1998.

  • Who are SSE key executives?

    SSE's key executives are Crawford Gillies, Martin Pibworth and Sally Fairbairn.

  • How many employees does SSE have?

    SSE has 20,786 employees.

  • What is SSE revenue?

    Latest SSE annual revenue is £29 b.

  • What is SSE revenue per employee?

    Latest SSE revenue per employee is £1.4 m.

  • Who are SSE competitors?

    Competitors of SSE include FirstEnergy, EDF Energy and E.ON.

  • Where is SSE headquarters?

    SSE headquarters is located at Inveralmond House Dunkeld Rd, Perth.

  • Where are SSE offices?

    SSE has offices in Perth, North Somerset, Somerset, Wilton and in 48 other locations.

  • How many offices does SSE have?

    SSE has 59 offices.