All SSP articles

  • 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.

  • SSP City Bar and Grill
    News

    SSP deliver rise in sales and profits

    2019-11-20T08:00:00Z

    SSP has revealed a 7.8% rise in pre tax profits to £197.2m for the year ended 30 September 2019. Sales were also up 9% to £2,794.6m. It said it had achieved the results despite an “unusual number of external headwinds during the year, including disruption from the ‘Gilets Jaunes’ protests in France, slower passenger growth and the impact of a number of airport redevelopments in the Nordic countries and in Spain, the grounding of Boeing Max 737 aircraft in North America, and weaker Chinese passenger numbers and the cessation of operations of Jet Airways in the Asia Pacific region.

  • Warrens GF pastries
    News

    Warrens Bakery to open at Gatwick with SSP

    2019-11-05T07:51:00Z

    Warrens Bakery is to open a second airport site, this time at Gatwick Airport as part of a new partnership with SSP.

  • Tortilla burritos
    News

    Tortilla teams up with SSP

    2019-10-18T07:28:00Z

    Tortilla has signed a development agreement with SSP Group, which will see the Mexican fast-casual brand open five travel hub sites within the next year.

  • SSP City Bar and Grill
    News

    SSP reports sales lift

    2019-07-19T06:30:00Z

    SSP has reported a sales boost of 9.2% for the third quarter ending 30 September 2019, covering the period from 1 April to 30 June 2019.

  • Pret's landside shop at Zurich Airport exterior shot
    News

    Pret opens first Swiss sites with SSP

    2019-07-05T07:19:00Z

    Pret A Manger has opened its first shops in Switzerland at Zurich Airport, through its partnership with SSP.

  • upper crust ssp
    News

    SSP sees boost in London rail hubs

    2019-05-15T07:02:00Z

    SSP, the concessions operator, has reported steady growth fuelled by station redevelopments in London and rising air passenger numbers.

  • Crussh's latest rebrand saw LFLs rise on average by 28%
    News

    Crussh announces second SSP site

    2018-12-17T08:45:00Z

    Crussh, the healthy food and juice chain, will open a second rail site with SSP, in London Bridge in Spring 2019.

  • Ritazza Cardiff
    Opinion

    Q&A with Simon Smith, SSP

    2018-09-13T08:27:00Z

    MCA talks to Simon Smith, chief executive of SSP UK & Ireland, about partnerships, the evolution of the travel hub market and developing new concepts