SSP Group Share News (SSPG)

SSP completes bank refinancing with new GBP300 million four-year loan

(Alliance News) - SSP Group PLC on Tuesday said it has completed the refinancing of its syndicated banking facilities, including a new GBP300 million four-year loan and undrawn GBP300 million revolving credit facility.

Strong demand helps boost revenues at SSP

(Sharecast News) - SSP Group said full-year earnings were likely to come in at the top end of forecasts on Wednesday, after "strong" trading momentum continued into the second half.

UPDATE: SSP eyes payout resumption as sales top pre-virus level

(Alliance News) - SSP Group PLC on Wednesday said sales are in the past 10 weeks were up more than double against pre-virus levels, as the Upper Crust owner looks towards reinstating its dividend.

SSP celebrates large revenue boost, completes Midfield acquisition

(Alliance News) - SSP Group PLC on Wednesday announced that its sales were up 110% so far in its second half year and that it had completed its purchase of multiple Midfield Concessions airport units.

UK rail passengers 'paying higher food, drink prices at stations'

(Sharecast News) - Britain's rail regulator has launched a probe into railway station catering, saying hard-pressed passengers are paying more for food and drink while travelling than at high street shops and there were barriers to new market entrants due to old lease laws.

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

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

Jefferies bumps up SSP price target

(Sharecast News) - Jefferies upped its price target on shares of SSP on Wednesday to 340p from 325p.

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

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

Broker tips: Pets at Home, SSP Group

(Sharecast News) - Berenberg lifted its price target on Pets at Home on Wednesday to 460p from 430p as it said the company's strong momentum continued through Q423, "meaning a further removal of concerns around the impact of the weak consumer backdrop and a potential post-Covid-19 normalisation in pet spend".

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

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

LONDON BROKER RATINGS: Numis starts Tristel with 'add'

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

SSP Group swings to interim profit as revenue jumps

(Alliance News) - SSP Group PLC on Tuesday reported a swing to half-year profit and a rise in revenue as eyes further recovery in passenger numbers.

SSP sees full-year core profit, sales at upper end of expectations

(Sharecast News) - Upper Crust and Ritazza owner SSP said on Tuesday that FY 2023 sales and core profit are set to be at the upper end of its expectations, as it hailed a strong first half performance, particularly in North America.

UK earnings, trading statements calendar - next 7 days

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.