OverviewSuggest Edit

SSE, formerly Scottish and Southern Energy, is an energy company. It is involved in the generation and supply of electricity and gas. In addition, the company operates gas and telecoms networks and provides other energy-related services such as gas storage, exploration and production, contracting, connections and metering.

TypePublic
Founded1998
HQReading, GB
Websitesse.com
Employee Ratings3.2
Overall CultureF

Latest Updates

Employees (est.) (Jul 2021)11,865(+2%)
Job Openings287
Revenue (FY, 2019)£7.3 B(-73%)
Share Price (Jul 2021)£14.5(-1%)
Cybersecurity ratingCMore

Key People/Management at SSE

Richard Gillingwater

Richard Gillingwater

Chairman
Martin Pibworth

Martin Pibworth

Energy Director
Alistair Phillips-Davies

Alistair Phillips-Davies

Chair and Chief Executive
Rob McDonald

Rob McDonald

Managing Director, Transmission
Sally Fairbairn

Sally Fairbairn

Company Secretary and Director of Investor Relations
Gregor Alexander

Gregor Alexander

Finance Director
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SSE Office Locations

SSE has offices in Reading, Aberdeen City, Ashford, Belfast and in 49 other locations
Reading, GB (HQ)
No. 1 Forbury Place 3JH, 43 The Forbury
Aberdeen City, GB
200 Ashgrove Rd W
Ashford, GB
Wotton Rd
Belfast, GB
83-85 Great Victoria St
Belfast, GB
Great Victoria St
Birmingham, GB
Unit 3-4, Castle Vale Retail Park, Chester Rd
Show all (56)

SSE Financials and Metrics

SSE Revenue

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SSE's revenue was reported to be £7.33 b in FY, 2019
GBP

Revenue (FY, 2019)

7.3b

Gross profit (FY, 2019)

1.5b

Gross profit margin (FY, 2019), %

21.1%

Net income (FY, 2019)

1.4b

EBIT (FY, 2019)

1.7b

Market capitalization (30-Jul-2021)

15.1b

Closing stock price (30-Jul-2021)

14.5

Cash (31-Mar-2019)

431.6m

EV

26.4b
SSE's current market capitalization is £15.1 b.
Annual
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

31.7b28.8b29.0b27.3b7.3b

Revenue growth, %

(9%)1%

Cost of goods sold

29.2b25.9b25.8b25.0b5.8b

Gross profit

2.4b2.9b3.2b2.3b1.5b
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, 2017FY, 2018FY, 2019

Cash

1.5b360.2m1.4b232.2m431.6m

Accounts Receivable

4.5b3.3b3.8b4.1b3.1b

Inventories

342.3m215.4m269.1m225.9m228.5m

Current Assets

8.9b6.1b7.4b6.4b7.9b
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, 2017FY, 2018FY, 2019

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)
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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

9.1 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 k3.39 k3.39 k3.28 k3.28 k3.31 k3.7 k

Total Electricity Generation Capacity, MW

11.67 k11.73 k11.2 k10.56 k10.61 k10.64 k11.03 k
Show all operating metrics

SSE Acquisitions / Subsidiaries

Company NameDateDeal 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£1.1 b
AtlanticApril 28, 2004£90.7 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: 26.7% from Retail, 69.2% from Wholesale and 4.0% from Other

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

SSE Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

SSE Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

SSE Online and Social Media Presence

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SSE Company Culture

  • Overall Culture

    F

    43/100

  • CEO Rating

    A+

    80/100

  • Compensation

    D-

    46/100

Learn more on Comparably

SSE News and Updates

SSE Networks bows to stakeholders and plots a £4bn net zero investment

Scottish and Southern Electricity Networks (SSEN) may pledge over £4bn in the push for net zero, the energy giant said The post SSE Networks bows to stakeholders and plots a £4bn net zero investment appeared first on CityAM.

SSE profit rises as energy giant ramps up net zero push

SSE today posted a rise in profit for the full year as the energy giant pushes ahead with its strategy The post SSE profit rises as energy giant ramps up net zero push appeared first on CityAM.

SSE and Equinor to build Scotland's first carbon capture power station

Energy heavyweights SSE and Equinor have tabled plans to build Scotland’s first power station using carbon capture technology, in a The post SSE and Equinor to build Scotland's first carbon capture power station appeared first on CityAM.

SSE, Equinor Plan World’s First Hydrogen Power Plant in U.K.

SSE, Equinor Plan World’s First Hydrogen Power Plant in U.K.

SSE warns of £180m blow as renewables output shrinks

London-listed energy supplier SSE has warned this morning of a £180m blow to its annual profits after its year-to-date renewables The post SSE warns of £180m blow as renewables output shrinks appeared first on CityAM.

SSE to Sell Stake in Scottish Gas Network to Focus on Power

SSE to Sell Stake in Scottish Gas Network to Focus on Power
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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 Richard Gillingwater, Martin Pibworth and Alistair Phillips-Davies.

  • How many employees does SSE have?

    SSE has 11,865 employees.

  • What is SSE revenue?

    Latest SSE annual revenue is £7.3 b.

  • What is SSE revenue per employee?

    Latest SSE revenue per employee is £617.9 k.

  • Who are SSE competitors?

    Competitors of SSE include Centrica, Exponential-e and E.ON.

  • Where is SSE headquarters?

    SSE headquarters is located at No. 1 Forbury Place 3JH, 43 The Forbury, Reading.

  • Where are SSE offices?

    SSE has offices in Reading, Aberdeen City, Ashford, Belfast and in 49 other locations.

  • How many offices does SSE have?

    SSE has 56 offices.