SSP Group (SSPG)

Sector:

Food Pharmacy Retail

Index:

FTSE 250

203.20p
   
  • Change Today:
    -0.80p
  • 52 Week High: 281.20
  • 52 Week Low: 179.50
  • Currency: UK Pounds
  • Shares Issued: 798.07m
  • Volume: 1,278,673
  • Market Cap: £1,621.68m

Upper Crust owner SSP to announce thousands of job cuts - report

By Michele Maatouk

Date: Tuesday 30 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Upper Crust owner SSP will reportedly announce plans to cut thousands of jobs on Wednesday as it looks to deal with the fallout from the coronavirus pandemic.
According to Sky News, the company - which operates food outlets at airports and train stations in 35 countries - intends to axe up to 5,000 jobs, making more than half of its UK workforce redundant.

In a message circulated among staff on Tuesday and seen by Sky, the company said it had "come to the very difficult conclusion that we will need to simplify and reshape our business and, from tomorrow, we will be starting a collective consultation on a number of proposed changes to the business".

"This includes a proposed reorganisation which could lead to a headcount reduction of up to c.5,000 across SSP Group, SSP Finance and SSP UK, which includes all head office colleagues and both salaries and hourly paid colleagues in operations."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SSP Group Market Data

Currency UK Pounds
Share Price 203.20p
Change Today -0.80p
% Change -0.39 %
52 Week High 281.20
52 Week Low 179.50
Volume 1,278,673
Shares Issued 798.07m
Market Cap £1,621.68m

SSP Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.13% below the market average74.13% below the market average74.13% below the market average74.13% below the market average74.13% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Price Trend
38.84% below the market average38.84% below the market average38.84% below the market average38.84% below the market average38.84% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Income
78.62% below the market average78.62% below the market average78.62% below the market average78.62% below the market average78.62% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Growth
88.30% above the market average88.30% above the market average88.30% above the market average88.30% above the market average88.30% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 3
Sell 0
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SSP Group Dividends

  Latest Previous
  Final Final
Ex-Div 01-Feb-24 05-Mar-20
Paid 29-Feb-24 04-Jun-20
Amount 2.50p 6.00p

Trades for 15-May-2024

Time Volume / Share Price
16:35 820,805 @ 203.20p
16:35 12,486 @ 203.20p
16:35 667 @ 203.20p
16:35 4,553 @ 203.20p
16:35 777 @ 203.20p

SSP Group Key Personnel

Chair Mike Clasper
CEO Patrick Coveney

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