All SSP articles

  • SSP City Bar and Grill
    News

    SSP buoyed by travel sector recovery

    2022-07-14T08:19:00Z

    The food and beverage concessions operator reported steady recovery, with revenue running at 87% of 2019 levels overall and UK revenue at 82%

  • Soul & Grain_London Victoria_SSP image 2_high res
    News

    SSP launches new food-to-go concept

    2022-06-28T07:40:00Z

    Soul + Grain in London’s Victoria station features pastries, salads, and freshly made sandwiches and toasties

  • SSP Upper Crust
    News

    SSP sees ‘significant rebound’ in travel sector

    2022-05-24T07:48:40.497Z

    In the UK, sales are back to around 82% of pre Covid-19 levels, with the air sector boosted by strong leisure demand, and the rail business helped by the return of commuters in increasing numbers

  • upper crust ssp
    News

    Upper Crust owner faces revolt over paying bonuses despite keeping furlough cash

    2022-01-30T14:17:00Z

    SSP is braced for a row with shareholders over a decision to pay bosses bonuses while refusing to repay taxpayer-funded furlough cash, The Sunday Telegraph reports

  • SSP City Bar and Grill
    News

    SSP reports revenue decline of +40%

    2021-12-08T08:06:00Z

    The group said trading levels had improved over the summer and autumn, with revenue averaging 66% of 2019 levels in the first nine weeks of the new financial year.

  • Patrick_Coveney_CEO_Greencore
    News

    SSP names new group CEO

    2021-11-26T07:52:39.257Z

    SSP has appointed current Greencore chief executive Patrick Coveney, as group CEO.

  • SSP_resized
    News

    SSP sees improvement in revenues in Q4

    2021-09-29T07:28:00Z

    SSP Group expects to achieve revenues of around 47% of 2019 levels in the fourth quarter, ending 30 September 2021, as passenger numbers continue to rise.

  • SSP_resized
    News

    SSP appoints deputy CEO

    2021-09-01T07:41:00Z

    SSP Group has announced that Jonathan Davies has been appointed as deputy chief executive, alongside his current role of chief financial officer, with immediate effect.

  • SSP Upper Crust
    News

    SSP group CEO to step down

    2021-07-14T07:45:00Z

    Simon Smith is to step down from his role of group chief executive officer of SSP. He is expected to leave the group at the end of the year in order to take up a new opportunity at a private equity backed business.

  • SSP City Bar and Grill
    News

    SSP expects pre-Covid revenues to return by 2024

    2021-06-09T07:39:00Z

    SSP has said it had delivered “a resilient performance” over the six months to 31 March 2021, despite revenue being down 78.8% at constant currency rates, to £256.7m.

  • SSP Upper Crust
    News

    SSP announces £475m rights issue

    2021-03-17T08:40:00Z

    SSP Group has announced that it intends to raise approximately £475m by way of a ’12 for 25’ rights issue, as it looks to firm up its financial position.

  • stocks and shares investment graphs and figures
    News

    Hospitality companies see stocks rise on back of roadmap announcement

    2021-02-24T08:42:00Z

    Investors have snapped up hospitality and leisure stocks following the announcement by Boris Johnson of his roadmap out of lockdown on Monday.

  • upper crust ssp
    News

    SSP considering equity options

    2021-02-11T08:57:00Z

    SSP Group has confirmed it has drawn down £300m from the Bank of England CCFF (Covid Corporate Financing Facility), and is exploring further funding options.

  • SSP_resized
    News

    SSP menus cut by up to 60% during pandemic

    2021-01-20T08:42:00Z

    Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.

  • upper crust ssp
    News

    SSP optimistic for “slow and steady” recovery

    2020-12-17T08:20:00Z

    Travel hub operator SSP Group has said it remains optimistic in its ability to adapt to and capitalise on the return of the travel market next year despite incurring huge losses in 2020.

  • upper crust ssp
    News

    SSP sales continue to struggle

    2020-09-23T07:26:00Z

    SSP Group has predicted a bleak H2 outlook as the coronavirus crisis continues to hit sales.

  • upper crust ssp
    News

    SSP set to make 5,000 redundant

    2020-07-01T07:42:00Z

    SSP has revealed plans to make 5,000 people redundant thanks to the “unprecedented impact” the coronavirus has had on the travel sector. In a trading update it said it had taken “rapid and decisive management action” in an attempt to “protect our colleagues and customers and to preserve cash and liquidity for the duration of the many government restrictions” worldwide. However, CEO Simon Smith, said despite some “early signs of recovery in some parts of the world” in the UK the “pace of the recovery continues to be slow.

  • Whiskey Bread_Dublin Airport_Jan 2020_SSP image_001_hi-res
    News

    SSP secures 24-unit Dublin Airport contract

    2020-02-06T08:19:00Z

    SSP Group has secured a new ten-year contract at Dublin Airport which will see it trade 24 units.

  • upper crust ssp
    News

    SSP reports “robust” UK growth

    2020-01-21T08:31:00Z

    SSP has reported a “good start to the financial year” in its first quarter trading update released today, as lfls growth in the UK and North America remained “robust”.

  • LEON SPRING MENU
    News

    Leon to open further sites with SSP

    2019-11-29T08:39:00Z

    Leon is to expand its partnership with travel hub operator SSP, with a new opening planned for Cobham Services on the M25, MCA understands.