SSE
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SSE

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    • Energy & Utilitieselectricityenergy servicesnatural gas

    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.

    Revenue(FY, 2017)
    £29 B
    Customers(FY, 2017)
    8 M

    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
    Show more

    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
    Show all (59)
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    SSE Financials and Metrics

    SSE Revenue

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    View revenue for all periods
    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%
    show all
    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
    show all
    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)
    show all
    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
    Show all financial metrics

    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
    Show all operating metrics

    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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    Competitors

    FirstEnergy
    Energy & Utilities - Public
    EDF Energy
    Energy & Utilities - Private
    E.ON
    Energy & Utilities - Public
    Exponential-e
    Mobile & Telecommunications - Private
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    SSE Online and Social Media Presence

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    SSE News and Updates

    December 17, 2018

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

    SSE Pulls the Plug on Creating Giant U.K. Utility With Innogy
    December 13, 2018

    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
    November 14, 2018

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

    SSE to Split Off U.K. Renewables Business Into Separate Unit
    September 25, 2018

    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.
    August 16, 2018

    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
    August 14, 2018

    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.