SSP reinstates dividend as it hits recovery path

Travel food supplier SSP (SSPG) looks as though it can finally draw a line under the most troubled period in its history as the company left the impact of the pandemic behind it with another round of recovering profits. The return of travel towards historic norms in its core markets meant more customers for airport and train station-based brands such as Upper Crust and Ritazza. Management seems relatively confident that growth will continue next year, with the company planning for like-for-like sales growth of between 6 per cent and 10 per cent for 2024, which corresponds roughly to revenues of £3.5bn.