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.

Perth, GB
Size (employees)
21,157 (est)
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

Colin Nicol

Colin Nicol

Managing Director, Networks
Gregor Alexander

Gregor Alexander

Finance Director

SSE Office Locations

SSE has offices in Somerset, North Somerset, Wilton, Plymouth 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 Financials

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

Revenue (H1, 2018)

12.2 b

Gross profit (H1, 2018)

1.3 b

Gross profit margin (H1, 2018), %


Net income (H1, 2018)

357.2 m

EBIT (H1, 2018)

549.4 m

Market capitalization (31-Oct-2017)

14 b

Closing share price (31-Oct-2017)


Cash (30-Sep-2017)

1.2 b


21.3 b
SSE's current market capitalization is £14 b.
GBPFY, 2015FY, 2016FY, 2017


31.7 b28.8 b29 b

Revenue growth, %


Cost of goods sold

29.2 b25.9 b25.8 b

Gross profit

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


13.8 b11.3 b12.2 b

Cost of goods sold

12.9 b9.9 b10.9 b

Gross profit

905.6 m1.4 b1.3 b

Gross profit Margin, %

GBPFY, 2015FY, 2016FY, 2017


1.5 b360.2 m1.4 b

Accounts Receivable

4.5 b3.3 b3.8 b


342.3 m215.4 m269.1 m

Current Assets

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


1.7 b257.9 m1.2 b

Accounts Receivable

3.3 b2.5 b2.6 b


339.1 m220.5 m284 m

Current Assets

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

Net Income

664.4 m585.2 m1.7 b

Depreciation and Amortization

660.1 m1.6 b1.1 b


(8.5 m)44 m8.6 m

Accounts Payable

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

Net Income

205.2 m609.2 m357.2 m

Depreciation and Amortization

370.3 m370.3 m363.2 m


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

Accounts Payable

(344 m)(410 m)(1.2 b)
GBPY, 2017


38.8 x


33.5 x


575.9 k


1.4 x


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


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 Ltd July 31, 2014£66 m
Endesa Ireland Ltd June 15, 2012
Aquamarine Power Ltd November 24, 2010
ESB Contracts Ltd November 01, 2009
Uskmouth Power August 13, 2009£27 m
Seeboard Trading Ltd February 29, 2008
Airtricity Inc. January 05, 2008£1.10 b
Atlantic April 28, 2004£90.70 m
SSE Medway Operations Ltd October 03, 2003
SWALEC August 07, 2000£210 m
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SSE News and Updates

No Woman, No Cry: Lack of Cleantech Female Leaders Limits Power & Utility Progress

Cleantech energy companies need to embrace female leaders to inspire new thinking and directions for the future

Faceit brings the U.K. its first Counter-Strike: Global Offensive major

U.K. esports fans will have more to look forward to than just tuning into see how the London Spitfire are doing in the Overwatch League. Esports platform Faceit is bringing the biggest Counter-Strike: Global Offensive tournament to the U.K. later this year. The CS: GO Major will see 24 teams competi…

Firms need to be vigilant in a rapidly changing tax environment

As businesses fine-tune their objectives for the year ahead, here are the top five tax developments they cannot afford to ignore. The year ahead will see a renewed emphasis on processes and controls to improve good tax governance, in tandem with continued moves to harness the power of technology …

High voltage specialist Smith Brothers appointed to energise eleven wind turbines

Two wind farms in Perth and Kinross, Scotland are closer to completion following the appointment of Elland-based high voltage electrical engineering firm Smith Brothers. Posted via Industry Today. Follow us on Twitter @IndustryToday

European Utilities Commit To 100% Carbon-Neutral Electricity “Well Before” 2050 … Because It’s Cheaper

Eurelectric, which represents 3,500 electric companies across Europe, has issued a Vision Declaration promising 100 carbon neutral electricity by the year 2050.
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