Business
2026 HALF YEAR RESULTS ANNOUNCEMENT
SSP Group PLC reported a resilient first half performance for the period ending March 31, 2026, with revenue increasing by 6.2% to £1,763 million on an actual FX basis, driven by like-for-like growth of 5.0% and net gains of 2.0%. Underlying operating profit rose by 17.8% to £50 million, with a margin improvement of 30 basis points year-on-year, while statutory operating profit significantly increased to £63 million from £15 million. The company proposed an interim dividend of 1.6 pence per share, up from 1.4 pence, and expects full-year EPS to be within the market consensus range of 13.6-14.8 pence. Disclaimer*
About this update from Ssp Group Plc
[{"type":"text","content":"\n\n \n \n\n19 May 2026 LEI: 213800QGNIWTXFMENJ24\n\n2026 HALF YEAR RESULTS ANNOUNCEMENT\nRESILIENT FIRST HALF PERFORMANCE\nSSP Group plc (\"SSP\" or \"the Group\"), a leading global travel food and beverage operator, issues its results for the half year ended 31 March 2026.\n\n\n\n\nUnderlying Pre-IFRS 161,2\n\n\nStatutory IFRS\n\n\n\n\n(unaudited)\n\n\nH1 2026\n\n\nvs 2025\n\n\n\n\n\nH1 2026\n\n\nvs 2025\n\n\n\n\n\n\n\n At actual FX rates\n\n\nAt constant FX rates3 \n\n\nAt actual FX rates\n\n\n\n\n\nAt actual FX rates\n\n\nAt actual FX rates \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nSales growth\n\n\n\n\n\n6.2%\n\n\n6.2%\n\n\nRevenue\n\n\n£1,763m\n\n\n6.2%\n\n\n\n\nOperating profit\n\n\n£50m\n\n\n17.8%\n\n\n9.3%\n\n\nOperating profit\n\n\n£63m\n\n\n320.0%\n\n\n\n\nOperating profit margin\n\n\n2.8%\n\n\n30bps\n\n\n10bps\n\n\n\n\n\n \n\n\n\n\n\n\n\nEarnings per share\n\n\n1.1p\n\n\nn/m\n\n\n+1.5p\n\n\nLoss per share\n\n\n(2.0)p\n\n\n+5.7p\n\n\n\n\nFree cash flow (pre-dividend and share buy-back)\n\n\n£(176)m\n\n\nn/a\n\n\n£(34)m\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nProfit before tax\n\n\n£7m\n\n\n£44m\n\n\n\n\nNet debt4\n\n\n£(820)m\n\n\nn/a\n\n\n£(56)m\n\n\nNet debt4\n\n\n£(2,096)m\n\n\n£(189)m \n\n\n\n\nNet debt/EBITDA 4,6\n\n\n2.2x\n\n\nn/a\n\n\n0.0x\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFinancial Highlights (underlying pre-IFRS 16, unless otherwise stated)\n· Revenue: £1.8bn, up 6% (on a constant currency basis) incl. LFL growth of 5% and net gains of 2%\n·&nb...