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SSP Group PLC (SSPG.L)

SSPG.L on London Stock Exchange

665.50GBp
13 Dec 2017
Change (% chg)

-1.00 (-0.15%)
Prev Close
666.50
Open
670.00
Day's High
671.50
Day's Low
663.50
Volume
1,197,346
Avg. Vol
957,834
52-wk High
672.45
52-wk Low
371.40

Latest Key Developments (Source: Significant Developments)

SSP Group says expects slightly lower like-for-like revenue growth next year​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - SSP GROUP PLC ::FY REVENUE ‍2,379.1​ MILLION STG VERSUS 1,990 MILLION STG YEAR AGO.FY ‍LIKE-FOR-LIKE SALES UP 3.1%: DRIVEN BY GROWTH IN AIR PASSENGER TRAVEL AND RETAILING INITIATIVES​.FY UNDERLYING PROFIT BEFORE TAX ‍148.7 MILLION STG VERSUS 107.5 MILLION STG YEAR AGO.FINAL DIVIDEND OF ‍4.9​ PENCE PER SHARE.‍PROPOSED C.£100M SPECIAL DIVIDEND AND SHARE CONSOLIDATION​.‍ANTICIPATE SLIGHTLY LOWER LIKE-FOR-LIKE REVENUE GROWTH NEXT YEAR​.  Full Article

SSP Q3 underlying sales up 3 pct
Tuesday, 19 Jul 2016 

SSP Group : Trading update for the third quarter of its financial year ending 30 September 2016, covering the period from 1 April 2016 to 30 June 2016 . Group's overall performance in Q3 was in line with expectations set out in our 2016 interim results announcement . On a constant currency basis, total group revenues for the period increased by 4.8% . Like-for-like sales growth of 3.0% . Net contract gains of 1.8% . Second half of financial year has started in line with our expectations . The overall impact on revenue of the movement of foreign currencies (principally the euro, U.S. dollar, Swedish Krona, and Norwegian Krone) during the first three quarters of 2016 compared to the 2015 average was +0.5% .If current spot rates were to continue for rest of 2016, would expect a positive currency effect for FY of approximately +3.0%.  Full Article

SSP Group says second half started in line with its expectations
Wednesday, 18 May 2016 

Ssp Group Plc : Strong results with good progress on last year . Operating profit 1 of £30.9m: up 28.0% at constant currency, and 22.6% at actual exchange rates . Like-For-Like sales up 3.3%.: driven by growth in air passenger travel and retailing initiatives . Revenue of £897m: up 5.9% at constant currency; 4.4% at actual exchange rates . Earnings per share 1 of 3.0 pence, up 43% . Interim dividend of 2.5 pence per share, up 19% .Second half has started in line with our expectations.  Full Article

UPDATE 2-SSP beats profit estimates, boosts dividend

Nov 22 SSP Group, an operator of restaurants and bars in airports and railway stations, reported a better-than-expected profit, raised its dividend and unveiled a 100 million pound special payout for shareholders, sending its shares up as much as 8 percent.