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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Jul- 2023 -17 JulyNews
Tortilla revenues increase 22% in H1
Fast-casual Mexican restaurant group, Tortilla Mexican Grill, has reported a 22% revenue increase to £32.7m for the half year ended 2 July 2023. The group’s LFL revenue also increased 8.4% during the period. Net debt reported was in line with expectations at £1.6m. Tortilla reported that franchised sites performed particularly…
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May- 2023 -24 MayNews
BrewDog to roll out travel hub sites through new SSP partnership
BrewDog has partnered with SSP Group, a leading operator of food and beverage outlets in travel locations worldwide, to roll out new sites at travel hubs across the UK, with the first site set to open at London Gatwick. The partnership will see SSP Group go on to operate a…
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24 MayRestaurants
SSP revenues up 64% in H1 amid travel recovery
SSP Group has revealed that revenues increased by 64.1% to £1.3bn for the six months ended 31 March, compared with £803m in the same period last year, as the group benefited from a recovery in passenger travel volumes. In addition, the group’s underlying EBITDA reached £90.5m and a free cash…
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9 MayNews
Greggs partners with SSP to open Cardiff Airport site
Greggs and SSP have recently partnered to open a new unit at Cardiff Airport, the first reveal of many planned improvements to the passenger experience at the location. The unit is located on the first floor before the security checkpoint, providing a great convenient option for travellers coming through the…
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5 MayFood and Drink
SSP expands in US with Midfield concessions acquisition
SSP Group has expanded across North America by adding 40 new units at seven airports, including four new locations, following the acquisition of the concessions business of Midfield Concession Enterprises. The operator of F&B outlets in travel locations, which has locations across 35 countries, will expand its presence in over…
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Mar- 2023 -10 MarchRestaurants
SSP partners with The Breakfast Club in Gatwick roll-out
Operator of F&B outlets in travel locations, SSP Group, has partnered with London brunch chain, The Breakfast Club, to open its first venue at London Gatwick airport. The partnership comes as over half of The Breakfast Club’s trade occurs before mid-day, making it a particularly strong offer for SSP at…
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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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