SSP Group
Coverage tracks the strategy, performance, and global operations of this major travel foodservice specialist, including contract wins, brand partnerships, trading updates, format innovation, and expansion across airports, rail stations, and service areas. Reporting offers insights for operators and suppliers monitoring high-footfall, transit-focused hospitality environments and the evolution of concession-based dining.
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Feb- 2023 -16 FebruaryFood and Drink
SSP Group UK trading hit by rail strikes in Q1
SSP Group has seen its UK sales performance weakened by rail strikes in the first quarter of FY23, as revenues hit only 83% of 2019 levels at £215m. Its overall Q1 performance in the region reflected both the seasonally higher weighting of rail and the impact of more industrial action…
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Jan- 2023 -12 JanuaryFood and Drink
SSP Group appoints new UK and ROI CEO
Travel catering company SSP Group has announced the appointment of Kari Daniels as CEO for the UK and Ireland. Daniels spent 20 years at Tesco including four years as the CEO of Tesco Ireland. She was also UK Commercial Director at Tesco and currently serves as a Non-Executive Director at…
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9 JanuaryRestaurants
Tortilla revenues rise 20% in FY22
Tortilla has seen group revenue rocket 20% to £57.7m in FY22, up from £48.1m the prior year, as it welcomed a “highly resilient” performance despite macroeconomic challenges. UK like-for-like sales were up by 16.4% against FY19, as trading was boosted by a net increase of 18 sites in the period,…
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Dec- 2022 -6 DecemberCatering Companies
SSP profits hit £91.5m in FY22
The operator of food and beverage outlets in travel locations, SSP Group, has reported operating profits of £91.5m for the year ended 30 September after suffering a loss of £209m in 2021. The group has attributed its return to profitability to the rapid recovery in passenger demand through the year,…
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Aug- 2022 -25 AugustCatering Companies
SSP secures deal to open three units at Berlin Airport
SSP Group has secured a deal which will see its “world-leading” brands, Starbucks and Burger King, operate at the Berlin Brandenburg Willy Brandt Airport Terminal 1. It is reported that Starbucks and Burger King will both feature as part of the airport’s mezzanine airside food-court, with The Burger King unit…
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10 AugustFood and Drink
SSP adds Greggs to UK portfolio with new franchise deal
SSP Group, an operator of food and beverage outlets in travel locations worldwide, has reportedly secured a franchise deal with renowned UK food on-the-go retailer, Greggs, and will be opening stores in the coming months at a number of locations across the UK. It is reported that the first unit…
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Jul- 2022 -18 JulyRestaurants
Tortilla revenue soars 60% in H1
Tortilla has welcomed strong top-line growth during the first half of FY22, with group revenue soaring 60% to £26.9m, or an increase of 55% excluding the impact of the Chilango acquisition. The group said this performance was underpinned by growing customer demand for Tortilla’s food as well as the group’s…
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14 JulyCatering Companies
SSP Group Q3 revenue hits 87% of pre-pandemic levels
SSP Group plc has seen its revenue continue to strengthen in Q3, with revenue at 89% of 2019 levels in the seven weeks since the group’s interim results on 24 May, and at 87% of 2019 levels in Q3 overall. According to the company’s recent performance and the current strength…
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May- 2022 -24 MayBusiness
SSP revenues surge 212.9% as travel rebounds
The SSP Group has reported its revenues surged 212.9% year-on-year to £803.2m for the six month period ended 31 March 2022 (H2), recovering “strongly” with 64% growth compared to pre-Covid levels as the travel sector rebounds. SSP operates brands such as Upper Crust and Ritazza, as well as franchises for…
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Dec- 2021 -9 DecemberBusiness
SSP Group revenue falls 41% in FY21
SSP Group, a global operator of food and beverage outlets, has announced its revenue fell by 41.8% from £1.43bn in 2020 to £834.2m in the year ending 30 September 2021, and by 70.1% compared to 2019 levels. The group’s operating loss was £309.2m in FY21, including credit for non-underlying net…
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