Business

SSP H1 losses widen to £300m

The 774% increase in losses can be attributed to a 78.8% year-on-year decline in group revenues, falling from £1.21bn in FY20 to £256.7m in the first half of this year

SSP Group, the travel food and beverage outlets operator, saw its pre-tax loss on a reported basis under IFRS 16 spike to £299.7m for the six months ended 31 March 2021.

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