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SSE Audio Group featured in '1000 Companies to Inspire Europe' list

Laura  Barnes
SSE Audio Group featured in '1000 Companies to Inspire Europe' list

SSE Audio Group has been identified as one of London Stock Exchange Group’s ‘1000 Companies to Inspire Europe’.

The report celebrates the high-growth of some of the most dynamic small and medium sized businesses across Europe.

To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their country peers.

This follows SSE Audio Group being in the London Stock Exchange Group’s ‘1000 Companies to Inspire Britain’ in 2016.
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SSE Audio Group was established in 1976 as an audio rental company and has grown to become the largest professional audio services supplier in the UK. The Group’s Head Office is in Redditch in the Midlands. Occupying 35,000 sq ft, the site comprises offices, warehousing and specialist manufacturing unit. SSE Audio also has an office and warehouse in London’s Park Royal and in Heywood in Greater Manchester, which is home to Wigwam Acoustics – a well established audio company that joined the Group in 2013.

Under the SSE umbrella is SSE Hire, which provides sound reinforcement for musical artists, SSE Sales – an authorised dealers for many major pro audio manufacturers, and SSE Installations, which carries out permanent audio installations in a wide range of venues.

“Once again it’s great to be recognised in such a prestigious report from the London Stock Exchange. Last year we were pleased to be named in their report ‘1000 companies to inspire Britain’, so be recognised again, this time on a European basis, is fantastic,” said John Penn, managing director and founder of SSE Audio Group.

"Over the last four decades, we have seen our sector grow from a barely recognised adjunct to youth culture that struggled to get support from the banks, to a vibrant part of the UK creative industries that are recognised throughout the world and contribute significantly to the UK economy. SSE Audio Group could not have achieved its growth and success without the skills, dedication and professionalism of our 140 staff plus the numerous freelance crews who work with us regularly."

Xavier Rolet, chief executive of London Stock Exchange Group, commented: “If Europe is to have a sustainable economic future, it must back its engines of economic growth and only real source of potential job-creation: its 23 million SMEs. It is critical that we continue improving access and cutting the cost of finance for fast growing companies, giving them access to long-term patient equity capital to fund their enormous potential. This is an ambition we share with the EU Commission and applaud its initiative to develop deeper and more connected capital markets across the continent through the Capital Markets Union project.

“LSEG has long been committed to supporting high growth companies. Together our 1000 Companies to Inspire Europe reports, international growth market, AIM, and business support and capital raising programme, ELITE, shine a light on the fastest growing companies across the continent and their critical importance to innovation, job creation and Europe’s future economic resilience.”

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Tags: london stock exchange , SSE Audio , SSE Audio Group , 1000 companies to inspire europe

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