Ssp Share Discussion Threads

[philanderer] 12/4/2017 09:17

On the back of the recent Heathrow/Gatwick numbers as well as IAG and EZJ traffic

[philanderer] 12/3/2017 10:33

Questor: Kate Swann a golden egg for sandwich supremo SSP




Kate Swann has a knack of running businesses hard and delivering for shareholders. SSP, whose brands Upper Crust and Le Grand Comptoir will be familiar to weary travellers.

The company also runs outlets on behalf of Starbucks, Burger King and Yo! Sushi. SSP was once part of catering giant Compass and among its antecedents is a business responsible for the infamous British Rail sandwich.

Now it has an appetite to move upmarket. Swann is salivating at the prospect of a network of Knead bakeries that SSP will begin opening shortly in partnership with Great British Bake Off judge Paul Hollywood.

Questor advised locking in profits in January. The broader trend for increased global travel still makes SSP a long-term buy.

[opodio] 10/3/2017 11:47

chart breakout getting my juices flowing

[philanderer] 09/3/2017 20:01

SSP opens Marks & Spencer Simply Food outlet at Bristol Airport

[montynj] 06/3/2017 10:17

Sharewatch conclusion: "And now, post the recent Indian acquisition, Swann has the buying power to play with the big boys in another fast growing region. Even though the group is getting bigger there seems no reason to expect a slowdown given the scale and underlying growth of the markets it is addressing. More and more people are flying and airlines are eliminating complementary catering on shorthaul and economy flights. Jefferies has just upgraded this year's eps forecast to end September from 15.4p to 18.2p. Next year's has risen from 17p to 20.3p, with 23p pencilled in for 2019. Buy"

[nw99] 06/3/2017 08:11

Great bullish write up in Sharewatch

[philanderer] 01/3/2017 13:13

xd tomorrow morning for 2.9p

[philanderer] 25/2/2017 00:27

Heathrow celebrates surprise lift in passenger numbers despite economic uncertainty

Read more:

[philanderer] 16/2/2017 20:42

New Starbucks store operated by SSP opens at Gatwick Airport

[philanderer] 14/2/2017 13:50

Düsseldorf Airport has a new restaurant that has been created by Patrick Rüther and star chef Tim Mälzer, who travelled to the gateway to celebrate the restaurant’s grand opening.

Called Hausmann’s and opened in conjunction with the SSP Group, the restaurant is located close to Gate A and promises to offer "home-style German cuisine that is honest and authentic, but with a contemporary twist".

[philanderer] 13/2/2017 15:42

Legal & General above 3%

[philanderer] 02/2/2017 09:21

updated:

2nd feb Goldmans neutral tp 395p up from 389p
2nd feb Jefferies buy tp 450p
27th jan JP Morgan neutral tp 400p
26th jan ShoreCap buy -
26th jan Panmure buy -


26th jan ++++++ trading update ++++++

[philanderer] 31/1/2017 13:56

Update: SSP Group

Last week’s trading statement from SSP, which runs station and airport food outlets, read well but after a rapid 20pc run in the shares since our October tip it may be worth locking in some profits.

The company is well managed, a beneficiary of any further slide in sterling and well positioned. However, a forward p/e of nearly 23 for this year and 20.5 for next factors in a lot of good news at a stock where first-quarter like-for-like sales growth was 2.4pc, even if total revenues grew by 18.7pc once acquisitions, space growth and the weaker pound were accounted for.

Questor says: sell

Ticker: SSPG

[philanderer] 27/1/2017 10:15

updated:


27th jan JP Morgan neutral tp 400p
26th jan ShoreCap buy -
26th jan Panmure buy -


26th jan ++++++ trading update ++++++

[philanderer] 26/1/2017 12:47

Investors Chronicle update..

An Indian takeaway - or rather acquisition - has helped keep sales growth on track at transport hub food outlet company SSP Group (SSPG). The company, which runs brands at stations and airports such as M&S Food, Starbucks and Caffe Ritazza, has snapped up an initial stake in Indian business Travel Food Services.

The purchase added 1.1 per cent to sales growth, bringing the total figure for the group to 5.4 per cent for its first trading quarter to 31 December. Its large amount of overseas earnings also helped revenue at actual exchange rates as dollar and Swedish krone proceeds translated well into the weaker sterling.

The full year benefit on revenue of currency is expected to be 7 per cent - although this is translational only.

Buy.

[philanderer] 26/1/2017 10:03

No problem with that.


26th jan ShoreCap buy
26th jan Panmure buy

reiterations

[philanderer] 25/1/2017 17:12

Q1 trading update tomorrow

[philanderer] 23/1/2017 10:37

People hanging about in fog bound airports spending a lot of money on food ? ;-)

Maybe a late reporting large buy to show up later ?

[devriae2] 23/1/2017 10:20

Up 5% today. One large-ish buy of 25000 at 9am.

Are company turnover/profitability expectations that good or is there some other reason?

[philanderer] 22/1/2017 18:33

Q1 trading update due on thursday

[philanderer] 20/1/2017 11:25

New tapas bar and gastropub open at Dane County airport

[philanderer] 18/1/2017 09:27

SSP Group Plc Downgraded To Neutral By JP Morgan Cazenove tp 400p