Company

SSE plc

Headquarters: Perth, United Kingdom

Founded: 1998

Employees: 11,865

CEO: Mr. Alistair Phillips-Davies

LSE: SSE +0.79%

Market Cap

£20.31 Billion

GBP as of Jan. 1, 2024

US$25.85 Billion

Market Cap History

Company Description

SSE plc is involved in electricity generation, transmission, distribution, and supply, utilizing sources like water, gas, coal, and oil. They distribute electricity to around 3.8 million locations in Scotland and southern England and manage high voltage transmission systems in northern Scotland. Additionally, SSE plc produces and supplies gas and engages in utility contracting, telecommunications, energy trading, insurance, and property businesses.

SSE plc market capitalization over time

Evolution of SSE plc market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of SSE plc

Detailed Description

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates and, develops high voltage electricity transmission system in the north of Scotland and remote islands. It also produces, stores, distributes, and supplies gas. In addition, it engages in electricity and utility contracting, telecommunications, energy trading, insurance, and property holding businesses. The company was formerly known as Scottish and Southern Energy plc and changed its name to SSE plc in September 2011. SSE plc was incorporated in 1989 and is based in Perth, the United Kingdom.

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Product & Services

Power generation and distribution, natural gas production, transportation, and distribution, telecommunications, metering

Key People

Richard Gillingwater (Chairman) Alistair Phillips- Davies (CEO)

Financials

Revenue: £6,826.4 million (2021)

Operating income: £1,295.2 million (2021)

Net income: £2,322.8 million (2021)

Details

Headquarters:

Inveralmond House

200 Dunkeld Road

Perth, PH1 3AQ

United Kingdom

Phone: 44 17 3845 6000