SSE was founded in 1998 and is headquartered in Perth, GB
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Key People/Management at SSE
Crawford Gillies
Senior Independent Director
Martin Pibworth
Wholesale Director
Sally Fairbairn
Company Secretary and Director of Investor Relations
Alistair Phillips-Davies
CEO
Colin Nicol
Managing Director, Networks
Gregor Alexander
Finance Director
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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.
| GBP | |
|---|---|
Revenue (H1, 2018) | 12.2 b |
Gross profit (H1, 2018) | 1.3 b |
Gross profit margin (H1, 2018), % | 10.6% |
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) | 13.8 |
Cash (30-Sep-2017) | 1.2 b |
EV | 21.3 b |
SSE's current market capitalization is £14 b.
Annual
| GBP | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Cash | 1.5 b | 360.2 m | 1.4 b |
Accounts Receivable | 4.5 b | 3.3 b | 3.8 b |
Inventories | 342.3 m | 215.4 m | 269.1 m |
Current Assets | 8.9 b | 6.1 b | 7.4 b |
Half Year
| GBP | H1, 2016 | H1, 2017 | H1, 2018 |
|---|---|---|---|
Cash | 1.7 b | 257.9 m | 1.2 b |
Accounts Receivable | 3.3 b | 2.5 b | 2.6 b |
Inventories | 339.1 m | 220.5 m | 284 m |
Current Assets | 7.7 b | 5.5 b | 5.5 b |
Annual
| GBP | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | 664.4 m | 585.2 m | 1.7 b |
Depreciation and Amortization | 660.1 m | 1.6 b | 1.1 b |
Inventories | (8.5 m) | 44 m | 8.6 m |
Accounts Payable | 394 m | (879.5 m) | 1.1 b |
Half Year
| GBP | H1, 2015 | H1, 2017 | H1, 2018 |
|---|---|---|---|
Net Income | 205.2 m | 609.2 m | 357.2 m |
Depreciation and Amortization | 370.3 m | 370.3 m | 363.2 m |
Inventories | (5.1 m) | (5.1 m) | (14.9 m) |
Accounts Payable | (344 m) | (410 m) | (1.2 b) |
| GBP | Y, 2017 |
|---|---|
EV/EBIT | 38.8 x |
EV/CFO | 33.5 x |
Revenue/Employee | 575.9 k |
Debt/Equity | 1.4 x |
Debt/Assets | 0.4 x |
Financial Leverage | 3.7 x |
SSE Operating Metrics
SSE's Customers was reported to be 8 m in FY, 2017.
| FY, 2014 | FY, 2015 | H1, 2016 | FY, 2016 | H1, 2017 | FY, 2017 | H1, 2018 | |
|---|---|---|---|---|---|---|---|
Customers | 9.10 m | 8.58 m | 8.21 m | 8 m | |||
Total Thermal Generation Capacity, MW | 8.34 k | 7.81 k | 7.28 k | 7.33 k | 7.33 k | 7.33 k | |
Total Renewable Generation Capacity, MW | 3.33 | 3.39 k | 3.39 k | 3.28 k | 3.28 k | 3.31 k | 3.70 k |
Total Electricity Generation Capacity, MW | 11.67 | 11.73 k | 11.20 k | 10.56 k | 10.61 k | 10.64 k | 11.03 k |
SSE Acquisitions / Subsidiaries
| Acquired Company | Date | Deal 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
February 24, 2018
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
February 23, 2018
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…
January 24, 2018
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 …
December 18, 2017
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
December 08, 2017
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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