All SSP articles
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NewsSSP Group sees UK sales up 9%
Positive trading momentum continued into the first quarter of the financial year, buoyed by strong air passenger numbers in the UK as well as less industrial action
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NewsSSP unveils new concept Monty’s
Monty’s at Liverpool John Lennon Airport will accommodate up to 190 diners with cooked breakfasts, bagels, and waffles, while lunch and dinner offerings will feature smashed patty burgers, mac ’n’ cheese, hot dogs, milkshakes, and desserts
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NewsSSP CFO to step down
SSP Group has announced a leadership change as Jonathan Davies, CFO and deputy CEO, plans to retire after 20 years with the company
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NewsSSP plans India IPO for Travel Food Services
India is a strategically important market for SSP, which intends to build on its market-leading position to capitalise on opportunities in the fast-growing travel market
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NewsUK travel sector performs well for SSP
In contrast, Continental Europe was disappointing, with strikes in the rail sector, weak Motorway Service Area trading and Olympics-related disruption
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NewsSSP UK delivers 9% LFL growth
Overall sales increased by 12%, driven by high demand in the air sector, a lower level of disruption in rail, and strong operational execution throughout the peak summer period
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NewsSSP sees improved air and rail traffic
UK revenues grew by 19.6% to £392.1m in the first half, while like-for-like growth was 14.7%, with a lower impact from rail strikes
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NewsSSP acquires ARE in Australia
Airport Retail Enterprises operates 62 airport outlets in Australia with anualised sales of around £100m
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NewsSSP surpasses pre-pandemic sales
UK sales were up by 22% at the travel concession operator, but profits were hit by the slower recovery in rail and significant disruption caused by strikes
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NewsSSP launches new concept Café Local
The new travel-focused café and retail store concept has been developed by SSP for regional rail stations, with the first fifteen Café Local stores now open around the UK
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NewsSSP appoints chief people officer
Ann-marie Murphy, currently COO at The Gym Group, will take up the role early next year
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NewsSSP sees strong underlying trading momentum
In the UK and Ireland, sales are expected to strengthen to c.100% vs 2019, reflecting the improving performance and higher mix of the air channel
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Analysis & InsightValue for money driving consumer choices at travel outlets
A third of people say that value for money is now a key motivation when choosing a food and drink outlet in travel locations
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NewsSSP extends contract with London City Airport
SSP Group has been awarded a seven-year contract extension at London City Airport, which will see it bring new concepts to the travel hub
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NewsSSP completes banking refinance
The new financing consists of a £300m four-year term loan and a currently undrawn £300m revolving credit facility provided by a syndicate of banks
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NewsSSP revenues driven by air travel
UK & Ireland revenue remains at 94% of 2019 levels, driven by air travel due to the impact of industrial action on UK rail
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NewsLeon to debut in Italy
Leon is to make its Italian debut in Rome this October, as part of a partnership between SSP Group and Italian rail station operator Grandi Stationi
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NewsSSP sees travel volumes continue to recover
The company said despite the macroeconomic uncertainty, the travel food and beverage sector will remain “structurally resilient” to pressures on consumer spending
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NewsSSP expands into US with Midfield deal
The acquisition will add $100m ((£79m) to the travel concession group’s top-line revenue
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NewsRail strikes hit SSP UK trading
Revenues were 83% of 2019 in the four months to 31 January 2023, reflecting the impact of industrial action