SSP
Reporting covers the operations, strategy, and financial performance of a major travel foodservice operator serving airports, train stations, and service areas across the UK and globally. We track brand partnerships, concession models, menu innovation, digital ordering, and consumer trends, offering insight for operators and suppliers focused on high-footfall, transit-led hospitality environments.
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Jan- 2025 -29 JanuaryNews-In-Brief
Today’s news in brief – 29/01/25
The hospitality sector ended 2024 with virtually the same number of premises as 12 months earlier. According to data from CGA, there were a total of 99,120 outlets operating in December 2024 – up slightly from 99,113 sites a year earlier. It represents a year of solid consolidation after contraction…
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29 JanuaryFood and Drink
SSP Group holds guidance as sales rise 6% in Q1
The operator of F&B outlets in travel locations, SSP Group, has reiterated its full-year guidance as like-for-like sales rose 6% for the first quarter ended 31 December 2024. For the whole period, group sales were 14% higher than the previous year, with both net contract gains and contributions from acquisitions…
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27 JanuaryNews-In-Brief
Today’s news in brief – 27/01/25
Tasty expects to report lower sales for FY24 after a challenging H2. Although the group’s restructuring plan, sanctioned on 4 June 2024, will enable the return to profitability and should “secure the company’s long-term future”, the resultant closures of part of the group’s estate has had a “negative impact on…
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27 JanuaryFood and Drink
SSP Group names incoming CFO
The operator of F&B sites in travel locations, SSP Group, has announced that Geert Verellen will join in early April 2025 as CFO designate, following deputy chief executive and CFO Jonathan Davies’ intention to retire. Davies has been the group chief financial officer of SSP since its original formation within…
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Dec- 2024 -23 DecemberNews-In-Brief
Today’s news in brief – 23/12/24
US-based PE firm Sixth Street has acquired a majority stake in the UK arm of Wingstop, Lemon Pepper Holdings. While the terms of the deal have not been disclosed, City AM has reported that it is at least the £400m asking price. It comes as Wingstop is aiming to reach…
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23 DecemberFood and Drink
Network Rail and SSP partner with Olio to tackle food waste
Network Rail and SSP Group have partnered with food sharing app Olio to tackle food waste through its Food Waste Heroes programme. It is estimated that the partnership could feed nearly 11,000 households annually by donating 150 tonnes of food every year. This partnership will see a total of 34…
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19 DecemberNews-In-Brief
Today’s news in brief – 19/12/24
Stonegate Group has invested more than £100m in its estate throughout 2024. More than £17m went to its pub partners estate to support publicans in creating “thriving local pubs”. Meanwhile, the group also undertook significant refurbishments including the £840k development of a brand-new Slug and Lettuce Glasgow, which opened in…
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19 DecemberRestaurants
SSP Group opens Peaky Blinders-inspired bar at Birmingham Airport
SSP Group has announced the launch of a Peaky Blinders-inspired bar at Birmingham Airport. The Shelby and Co. Bar and Restaurant will be part of Birmingham’s departure lounge with space for 290 diners. The restaurant offers both waiter service as well as an order at table technology, allowing customers short…
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11 DecemberNews-In-Brief
Today’s news in brief – 11/12/24
SSP Group has begun an IPO of Travel Food Services in India, in conjunction with its joint venture partner, K Hospitality Corp. Subject to regulatory approvals, the pricing and completion of the IPO is targeted to be in spring 2025. SSP acquired an initial stake in TFS in 2016 and…
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11 DecemberCatering Companies
SSP plans IPO in India of Travel Food Services Limited
Travel caterer SSP Group has announced the planned initial public offering (IPO) of Travel Food Services Limited in India, in conjunction with its joint venture partner, K Hospitality Corp. Subject to regulatory approvals, the pricing and completion of the IPO is targeted to be in spring 2025. It comes as…
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