Company
SSP Group plc
LON:SSPG
SSP is a leading operator of food and beverage concessions in travel locations, operating restaurants, bars, cafés, food courts, lounges and convenience stores in airports, train stations, motorway service stations and other leisure locations. We have business at approximately 140 airports and 280 rail stations, and operate more than 2,500 units in over 30 countries around the world.
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SSP eyes dividend return as revenue surge continues
US and Europe would be its focus in future said the Upper Crust owner
SSP sees full-year results ahead of guidance as travel recovery continues
Revenues in the fourth quarter recovered to around 91% of pre-pandemic 2019 levels
SSP flies higher as airport and train station traffic increases
Revenues in the first half were at 64% of the level in 2019 and in first six weeks of the second half this reached 83%
Looking forward to holidays as On The Beach and airport café group SSP report results
Based on the reaction to budget airline results in the past week, could be a good one for other travel-related stocks
SSP back in profit but cautious on outlook
The FTSE250 group expects to generate cash in the second half
SSP says CFO Jonathan Davies to take on additional role of deputy CEO
The appointment follows the recent announcement that Simon Smith will step down as CEO of the food and beverage outlet operator
Market not worried about ‘Freedom Day’ delay but pubs, restaurants fear job losses
The hospitality industry warned these measures will cost the sector around £3bn in sales and cause “economic long Covid”
SSP hit as travel recovery falters on global spike in COVID-19 infections
If current trends continue, SSP expects to have 1,200-1,500 units open over the summer
SSP Group interims to dominate on quiet Wednesday
The Upper Crust and Ritazza owner will be one of only a couple of major firms reporting figures at the mid-point of the week
Upper Crust owner SSP Group to raise £475mln via rights issue
The firm said recovery has been slower than it forecast late last year
SSP Group gets target price hike by Citigroup, Liberum as new year to bring recovery
Both the US bank and the City broker expect the firm to return to profits in the second half of the current financial year