All SSP Group articles – Page 2
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News
City snapshot: SSP Group’s first quarter sales grow as it buys Germany’s Station Food
Travel food specialist SSP Group has had a “robust” start to its financial year and announced the acquisition of German travel catering business Station Food. Plus, Aldi raises pay for staff to maintain its position as the UK’s highest-paying supermarket and all the rest of the latest news from the City.
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City snapshot: SSP Group posts double-digit profits growth despite continued global ‘headwinds’
Travel food specialist SSP Group has posted a double-digit rise in underlying operating profits, despite warning of the impact of a number of “external challenges” that will continue into next year. Plus, FeverTree’s UK growth slashed by off-trade slowdown as global sales increase, Finsbury Food Group’s trading momentum continues and all the rest of the latest news from the City.
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SSP Group CEO Kate Swann steps down after “record” year
Travel food-to-go specialist SSP Group has announced its CEO Kate Swann is to step down next year after it posted 22.7% surge in full year underlying operating profit and revenue growth of 9.5%.
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City snapshot: SSP Group shrugs off weak rail sector to post full-year growth
Travel food to go specialist SSP Group (SSPG) expects to post full-year like-for-like growth of between 2%-3% after a solid fourth quarter
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City snapshot: Air travel underpins 7.3% third quarter sales rise for SSP Group
Travel retailer SSP Group has grown sales by 7.3% in the third quarter, with like for like growth of 2.7% in the period. Plus, key brands grow 6% at Dairy Crest in the first quarter and all the rest of the latest news from the City.
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City snapshot: SSP Group’s revenues up 13.5% in first quarter
Travel food specialist SSP Group has increased sales by 13.5% in the first quarter, driven by like-for-like growth, contract wins and global expansion. Bacardi buys Patrón Spirits for $5.1bn, UK snow hits Christmas trading at Marston’s, Ocado’s shares surge 28% on Canada tie-up and all the rest of the latest news on a busy morning in the City
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News
Air travel growth boosts SSP Group
Upper Crust and Caffe Ritazza owner SSP Group has reported a double-digit hike in annual sales and profits as a rise in air travel and growth in North America boosted performance.
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SSP Group continues to ride food-to-go growth
The Upper Crust owner said in a pre-close update that fourth quarter sales were expected to increase by 17.5% year on year
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Dr Oliver Doerschuck takes over as SSP Dach & Frabel CEO
Doerschuck was previously CCO of TUI Deutschland
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SSP Group sees sales grow as air passenger numbers rise
Travel concession operator SSP Group has reported like-for-like sales growth of 3.6% in its third quarter results and a 21.7% jump in total group revenues.
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SSP Group shares hit all-time high as BlackRock ups its stake
US asset management giant BlackRock has almost doubled its stake in SSP Group to close to 9%, sending shares in the travel food-to-go specialist to record highs.
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Bristol Airport to get M&S Simply Food outlet from SSP
Bristol Airport commercial director Simon Preece said the store would significantly enhance the retail offer for passengers
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SSP Group profits take off but rail affected by Paris terror attacks
Travel concession group SSP (SSPG) has reported a more than 40% hike in first-half profits as air passenger numbers swelled but trading in railway stations in the UK and Europe slowed in the wake of the terrorist attacks in Paris and Brussels.
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SSP Group CEO Kate Swann receives maximum bonus to boost pay to £2.6m
Foodservice company SSP Group (SSPG) gave CEO Kate Swann her maximum annual bonus possible in its first full year as a listed company to take her pay to £2.6m.
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SSP Group flies into currency headwinds
Like-for-like sales at food travel company SSP Group have been boosted by strong passenger growth at airports across the UK during the third quarter
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