SSP Group Share News (SSPG)

IN BRIEF: SSP buys Midfield Concession Enterprise to expand presence

SSP Group PLC - London-based travel food and beverage outlet operator - Buys Midfield Concession Enterprise Inc for an undisclosed sum to expand its presence in North America at airports. MCE operates a portfolio of brands, which is consistent with SSP's focus in North America on bringing local restaurants to the airport. Says through MCE, it adds 40 new units at seven airports. Expects the acquisition to contribute to an additional of USD100 million to revenue in its North America business. Expects completion in late summer.

SSP expands North America presence with MCE buy

(Sharecast News) - Travel outlet food operator SSP Group said it was expanding its North America operations through the acquisition of the concessions business of Midfield Concession Enterprise for an undisclosed sum.

JD Sports hires Currys Chair Ian Dyson as non-executive director

(Alliance News) - JD Sports Fashion PLC on Thursday named Currys PLC's Chair Ian Dyson as a new non-executive director.

SSP Group sees revenue rise on return of travel, expects to meet goals

(Alliance News) - SSP Group on Thursday said that it remains confident of meeting its annual guidance, after seeing strong momentum across the business continue from the end of last year.

SSP hails strong start to year, backs FY guidance

(Sharecast News) - Upper Crust owner SSP backed its full-year guidance on Thursday as it hailed a strong start to the year, with revenues ahead of pre-pandemic levels amid a further recovery in the travel industry.

UK shareholder meetings calendar - next 7 days

RBC Capital initiates coverage of SSP at 'outperform'

(Sharecast News) - RBC Capital Markets initiated coverage of SSP on Wednesday at 'outperform' with a 300p price target.

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

LONDON BROKER RATINGS: Goldman Sachs likes Big Yellow, Great Portland

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

LONDON BROKER RATINGS: JPMorgan lowers opinion on UK housebuilders

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

LONDON MARKET MIDDAY: FTSE 100 down as Fed fears weigh on stocks

(Alliance News) - Stocks in London were lower at midday on Tuesday as investors continued to fret about the prospect of another hefty rate hike from the Federal Reserve following the release of a better-than-expected reading on the health of the US service sector.

LONDON MARKET OPEN: Lower open in Europe as US Fed hike fears return

(Alliance News) - European markets got off to a lacklustre start on Tuesday, as concern about bigger-than-expected interest rate hikes from the US Federal Reserve resurfaced.

SSP swings to profit, revenue multiplies amid travel demand recovery

(Alliance News) - SSP Group PLC on Tuesday said it swung to a profit and revenue multiplied due to a recovery in domestic and leisure travel in the aviation and rail sectors.

LONDON BRIEFING: Ashtead raises annual guidance after strong half

(Alliance News) - Stock prices in London were called to open lower on Tuesday, following a weak New York close, as some strong US data stoked interest rate hike fears.

SSP swings to profit as travel recovers

(Sharecast News) - Travel food outlet operator SSP Group swung to a full year profit as passenger numbers rebounded from the Covid pandemic during the summer and said the new financial year has started well with sales strengthening further to an average of 104% of 2019 levels in the first eight weeks.