Results: SSPG

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NEWSFLOW

SSP (#SSPG) – FY significantly reduced loss, notes further recovery of passenger numbers

2022-12-06 07:33:35

NEWSFLOW

SSP (#SSPG) – Q4 revenue c.91% of 2019 levels, argues can flex model to mitigate trading environment volatility

2022-09-27 07:38:47

NEWSFLOW

SSP (#SSPG) – recent weeks revenue up to 89% of 2019 levels, states confident in ability to manage inflationary pressures

2022-07-14 07:38:20

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Trains and Airports May Not Be the Best Place to do Business Right Now, but this Posh Caterer may Have a Taste for Serving Up a Better Share Price

Hello Share Munchers. My latest suggestion for your further investigation will likely come as a surprise to you. It’s a company called SSP Group (SSPG). This outfit has eating houses in 36 countries. Nothing to worry about there much. However, its cafes are at airports and railway stations. And we all know how much they must be affected by strikes and unreliability at the moment.

By Malcolm Stacey
2022-06-24 08:15:00

NEWSFLOW

SSP (#SSPG) – H1 still a loss, argues recovering as travel sector rebounds

2022-05-24 07:54:29

NEWSFLOW

SSP (#SSPG) – four months revenue c.62% of 2019 levels, recent weeks encouragement

2022-02-04 07:34:50

NEWSFLOW

SSP (#SSPG) – FY loss £362.3m on revenue -42% to £834.2m, emphasises “liquidity position strong”

2021-12-08 07:50:31

NEWSFLOW

SSP (#SSPG) – expects Q4 revenue to further improve to c. 47% of 2019 levels, re-opened c. 60% of outlets

2021-09-29 07:41:21

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Life remains far from easy for SSP Group

Back in the day we all used to go to one of the 2,800 branded catering, 180 airport and/or 300 railways stations where SSP Group (SSPG) acts as a food supplier. Naturally matters have been a bit different over the last fifteen months, hence why the company’s interim results were pretty shocking with a 78.8% fall in revenue and a loss of nearly £300 million. No wonder it announced a money raising the other month, to help bring down its net debt level to just over £350 million. You can all guess the realities that the operator of Upper Crust since the 1980s and names such as Le Grand Comptoir and Camden food co. has faced as fewer people have travelled to cities, railway stations and airports.