Food travel firm SSP to post strong recovery in Q4
Its revenues are expected to c.91% of 2019 levels.
SSP Group, a leading food and beverage outlet operator in travelling, said they posted a strong fourth quarter, with revenues expected to reach beyond 90% of pre-pandemic levels due to revival of the travel sector.
“The revenue performance includes the benefit from net contract gains and price increases compared to the same period in 2019. The recovery is being led by domestic and leisure travel across both the Air and Rail sectors, with business and commuter travel also recovering, albeit more slowly,” said SSP Group.
Commenting on the performance, Patrick Coveney, CEO of SSP Group, said, "Passenger numbers are rebounding across the global travel sector and - thanks to the commitment and hard work of our colleagues and support from our clients and brand partners - our trading has now recovered to near 2019 levels."
