SSP, the travel concessions operator, has reported like-for-like sales up 2.7% for the first quarter to 31 December, with total group revenue up 13.5%.
The group said that like-for-like sales growth in the UK and Continental Europe was in line with expectations, driven by the ongoing roll out of strategic initiatives and increasing passenger numbers.
The group said that, after a good start in the first quarter, an encouraging pipeline of new contracts and the deferral of redevelopments at some of our airports, it now anticipates net contract gains to be approximately 4% for the full year.
On the outlook, SSP said: “The new financial year has started well and the pipeline of new contracts is encouraging. Whilst a degree of uncertainty always exists around passenger numbers in the short term, we continue to be well placed to benefit from the structural growth opportunities in our markets.”
