SSP Group PLC (GB:SSPG)
LSE:SSPG
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SSP Group plc
(LSE:SSPG)
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Rating:48Neutral
Price Target:
160.00 p
▼(-19.60% Downside)
Action:ReiteratedDate:12/18/25
The overall stock score for SSP Group plc is primarily influenced by financial performance challenges, including slow revenue growth and high leverage. Technical analysis shows strong momentum, but overbought conditions suggest caution. Valuation concerns due to a negative P/E ratio further impact the score.
Positive Factors
Strong free cash flow
SSP's strong free cash flow growth (44.97%) and healthy operating cash flow to net income ratio indicate durable cash generation. This supports reinvestment in outlets, funds debt servicing and provides a buffer during travel cycles, improving long-term liquidity resilience.
Negative Factors
High leverage
Material leverage increases refinancing, interest and covenant risk, reducing financial flexibility. High debt relative to equity constrains investment choices, amplifies downside in travel downturns, and creates a persistent headwind to improving return metrics.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow
SSP's strong free cash flow growth (44.97%) and healthy operating cash flow to net income ratio indicate durable cash generation. This supports reinvestment in outlets, funds debt servicing and provides a buffer during travel cycles, improving long-term liquidity resilience.
Read all positive factors
SSP Group plc (SSPG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.25B
Dividend Yield2.5%
Average Volume (3M)1.73M
Price to Earnings (P/E)―
Beta (1Y)1.47
Revenue Growth5.98%
EPS Growth-371.14%
CountryUK
Employees49,000
SectorConsumer Cyclical
Sector Strength84
IndustryRestaurants
Share Statistics
EPS (TTM)-0.10
Shares Outstanding774,434,100
10 Day Avg. Volume2,971,218
30 Day Avg. Volume1,731,770
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)16.70
Price to Sales (P/S)0.38
P/FCF Ratio2.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£180.00Price Target Upside-9.55% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.14
Revenue Forecast (FY)£3.83B
SSP Group plc Business Overview & Revenue Model
Company Description
SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It operates approximately 550 brands in 36 countries in the United Kingdom, Euro...
How the Company Makes Money
SSP Group makes money mainly by operating food-and-beverage outlets in travel locations under concession agreements with landlords such as airport operators and rail station authorities. Revenue is primarily generated from retail sales of food and...
SSP Group plc Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
40
Negative
Cash Flow
60
Neutral
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.64B | 3.43B | 3.01B | 2.19B | 834.20M |
| Gross Profit | 1.13B | 1.62B | 1.25B | 606.80M | -101.90M |
| EBITDA | 516.30M | 607.50M | 502.70M | 369.90M | -105.80M |
| Net Income | -74.40M | 27.40M | 8.10M | -10.20M | -357.30M |
Balance Sheet | |||||
| Total Assets | 3.42B | 3.17B | 2.90B | 2.83B | 3.18B |
| Cash, Cash Equivalents and Short-Term Investments | 342.00M | 254.80M | 303.30M | 543.60M | 773.60M |
| Total Debt | 2.16B | 1.94B | 1.72B | 1.69B | 2.25B |
| Total Liabilities | 3.16B | 2.79B | 2.58B | 2.52B | 2.87B |
| Stockholders Equity | 82.10M | 227.20M | 226.20M | 225.00M | 240.30M |
Cash Flow | |||||
| Free Cash Flow | 487.10M | 269.40M | 236.20M | 236.40M | 25.00M |
| Operating Cash Flow | 711.90M | 566.50M | 478.70M | 396.00M | 99.60M |
| Investing Cash Flow | -240.80M | -413.90M | -264.90M | -150.30M | -69.90M |
| Financing Cash Flow | -378.50M | -187.00M | -440.70M | -490.30M | 564.10M |
SSP Group plc Technical Analysis
Positive
199.00
Price Trends
187.03
Positive
184.98
Positive
172.14
Positive
Market Momentum
2.81
Negative
65.90
Neutral
84.29
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SSPG, the sentiment is Positive. The current price of 199 is above the 20-day moving average (MA) of 182.56, above the 50-day MA of 187.03, and above the 200-day MA of 172.14, indicating a bullish trend. The MACD of 2.81 indicates Negative momentum. The RSI at 65.90 is Neutral, neither overbought nor oversold. The STOCH value of 84.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SSPG.
SSP Group plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £344.30M | 5.12 | 4.99% | 2.81% | 6.94% | 9.13% | |
66 Neutral | £326.55M | 1.13 | 9.75% | ― | -0.08% | ― | |
66 Neutral | £1.54B | 4.77 | 6.46% | ― | 3.87% | 18.87% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | £726.96M | 5.80 | -68.82% | 6.46% | 3.15% | -34.09% | |
55 Neutral | £608.13M | 8.99 | 15.81% | 1.50% | 5.39% | -3.64% | |
48 Neutral | £1.25B | -26.58 | -59.21% | 2.50% | 5.98% | -371.14% |
* Consumer Cyclical Sector Average
GB:SSPG
SSP Group plc
161.20
-0.84
-0.52%
GB:DOM
Domino's Pizza
190.50
-65.69
-25.64%
GB:FSTA
Fuller Smith & Turner
650.00
88.76
15.81%
GB:MARS
Marston's
51.60
10.35
25.09%
GB:MAB
Mitchells & Butlers
259.00
-11.00
-4.07%
GB:JDW
J D Wetherspoon
600.00
-102.52
-14.59%
SSP Group plc Corporate Events
Regulatory Filings and Compliance
SSP Group Discloses Share Purchases by UK & Ireland CEO Under Employee Plan
Positive
May 6, 2026
SSP Group has disclosed that Kari Daniels, CEO for the U.K. and Ireland and a person discharging managerial responsibility, has acquired ordinary shares under the company’s UK Share Incentive Plan at a price of £1.602 per share. In addi...
Business Operations and StrategyStock Buyback
SSP Group Cancels 1.43 Million Shares in Ongoing £100m Buyback
Positive
May 5, 2026
SSP Group plc has repurchased and cancelled 1,430,000 ordinary shares between 27 April and 1 May 2026 under its ongoing £100 million share buyback programme with Barclays Bank plc, paying a volume-weighted average price of 164.6926p. These la...
Regulatory Filings and Compliance
SSP Group Sets Total Voting Rights at 775.3 Million Shares
Neutral
May 1, 2026
SSP Group plc has confirmed that, as of 30 April 2026, its issued share capital comprises 775,334,061 ordinary shares, each carrying voting rights, with no shares held in treasury. This disclosure sets the total voting rights at 775,334,061, provi...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback, Cuts Share Count to 775.9m
Positive
Apr 27, 2026
SSP Group plc has continued to execute its £100 million share repurchase programme, buying 1,538,642 ordinary shares for cancellation between 20 and 24 April 2026 at a volume-weighted average price of 186.1755 pence. All trades were conducted...
Other
SSP Group executive increases stake through share incentive plan
Positive
Apr 21, 2026
SSP Group has disclosed that Satya Menard, CEO Continental Europe, acquired ordinary shares in the company through its International Share Incentive Plan. The transaction involved the purchase of 76 partnership shares at £1.97 each and an ass...
Business Operations and StrategyStock Buyback
SSP Group Cancels 1.1m Shares as Buyback Programme Progresses
Positive
Apr 20, 2026
SSP Group plc has continued executing its previously announced £100 million share repurchase programme, buying 1,145,703 ordinary shares for cancellation between 13 and 17 April 2026 at a volume-weighted average price of 191.5832 pence. The b...
Business Operations and StrategyStock Buyback
SSP Group Cancels Further Shares as £100m Buyback Programme Advances
Positive
Apr 13, 2026
SSP Group has continued to execute its £100 million share buyback, repurchasing 676,028 ordinary shares between 7 and 10 April 2026 from Barclays Bank via on-exchange trades on the London Stock Exchange, at a volume-weighted average price of ...
Other
SSP Group CEO Kari Daniels Buys Shares Under UK Incentive Plan
Neutral
Apr 7, 2026
SSP Group plc has disclosed that Kari Daniels, CEO for the UK and Ireland, has acquired ordinary shares under the Partnership Shares element of the company’s UK Share Incentive Plan at a price of £1.855 per share. She also received addi...
Business Operations and StrategyStock Buyback
SSP Group Cuts Share Count Further with Ongoing £100m Buyback
Positive
Apr 7, 2026
SSP Group plc has continued executing its £100 million share repurchase programme, buying 920,000 ordinary shares for cancellation between 30 March and 2 April 2026 at a volume-weighted average price of 178.0218 pence. These latest transactio...
Business Operations and StrategyStock Buyback
SSP Group advances £100m buyback, cuts share count to 780m
Positive
Mar 30, 2026
SSP Group plc has continued executing its previously announced £100 million share repurchase programme, buying 1,138,248 ordinary shares for cancellation between 23 and 27 March 2026 at a volume-weighted average price of 176.8288 pence. The c...
Business Operations and StrategyStock Buyback
SSP Group Cancels 1.15 Million Shares Under Ongoing £100m Buyback
Positive
Mar 23, 2026
SSP Group plc has repurchased 1,150,000 of its ordinary shares for cancellation between 16 and 20 March 2026 as part of a previously announced £100 million share buyback programme executed through Barclays Bank on the London Stock Exchange. T...
Regulatory Filings and Compliance
SSP Group Executive Increases Stake Through Share Incentive Plan
Positive
Mar 17, 2026
SSP Group has disclosed that Satya Menard, CEO Continental Europe, acquired ordinary shares under the company’s International Share Incentive Plan. On 16 March 2026, Menard purchased 85 partnership shares at £1.755 each and received rig...
Business Operations and StrategyStock BuybackFinancial Disclosures
SSP Group Advances £100m Buyback, Cancels Over 1.1m Shares
Positive
Mar 16, 2026
SSP Group has continued execution of its previously announced £100 million share repurchase programme, buying 1,140,854 ordinary shares for cancellation between 9 and 13 March 2026 at a volume-weighted average price of 183.24 pence. The purch...
Other
SSP Group Executives Increase Holdings Through Share Incentive Plans
Neutral
Mar 9, 2026
SSP Group has disclosed that several persons discharging managerial responsibilities, including UK Ireland CEO Kari Daniels, acquired ordinary shares under the company’s UK Share Incentive Plan at £1.922 per share, alongside the award ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
SSP Group Advances £100m Buyback, Cuts Share Count to 783.6m
Positive
Mar 9, 2026
SSP Group has continued its £100 million share repurchase programme, buying 230,000 ordinary shares on 06 March 2026 from Barclays Bank via on-exchange transactions on the London Stock Exchange. The purchases, made at a volume-weighted averag...
Stock Buyback
SSP Group Shrinks Share Base as £100m Buyback Progresses
Positive
Mar 6, 2026
SSP Group has continued executing its £100 million share repurchase programme, buying 230,000 ordinary shares on 5 March 2026 from Barclays Bank via on-exchange trades on the London Stock Exchange for cancellation. The shares were acquired at...
Business Operations and StrategyStock Buyback
SSP Group Cuts Share Count Further with Ongoing Buyback
Positive
Mar 5, 2026
SSP Group plc has continued to execute its £100 million share repurchase programme, buying 225,491 ordinary shares for cancellation on 4 March 2026 at a volume-weighted average price of 189.9670 pence. All shares were acquired on-exchange fro...
Business Operations and StrategyExecutive/Board Changes
SSP Group Names Andrew Martin as New Chair to Steer ‘Focus26’ Strategy
Positive
Mar 5, 2026
SSP Group plc has appointed Andrew Martin as Chair of the Board effective 1 June 2026, with Martin also becoming Chair of the Nomination Committee, while interim Chair Carolyn Bradley will remain on the board as Senior Independent Director. Martin...
Business Operations and StrategyStock Buyback
SSP Group Cancels Further Shares as £100m Buyback Advances
Positive
Mar 4, 2026
SSP Group plc has continued to execute its £100 million share repurchase programme, buying 230,000 ordinary shares for cancellation on 3 March 2026 at a volume-weighted average price of 186.6029 pence. The transactions, carried out on the Lon...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback, Cuts Share Count to 784.5m
Positive
Mar 3, 2026
SSP Group plc has continued executing its £100 million share buyback, purchasing 230,000 ordinary shares on 2 March 2026 from Barclays Bank plc in on-exchange transactions on the London Stock Exchange, at a volume-weighted average price of 19...
Stock Buyback
SSP Group Cancels Further Shares Under £100m Buyback Programme
Positive
Mar 2, 2026
SSP Group plc said it bought 230,000 of its own ordinary shares on 27 February 2026 from Barclays Bank as part of its previously announced £100 million share buyback programme. The shares, acquired via on-exchange transactions on the London S...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback, Cuts Share Count to 784.9m
Positive
Feb 27, 2026
SSP Group has continued executing its £100 million share buyback, purchasing 230,000 ordinary shares on 26 February 2026 from Barclays via on-exchange transactions on the London Stock Exchange, at a volume-weighted average price of about 204....
Business Operations and StrategyStock Buyback
SSP Group Advances £100m Buyback, Cuts Share Count to 785m
Positive
Feb 26, 2026
SSP Group has continued to execute its £100 million share repurchase programme, buying 227,871 ordinary shares on 25 February 2026 from Barclays Bank via on-exchange transactions on the London Stock Exchange at a volume-weighted average price...
Business Operations and StrategyStock Buyback
SSP Group Advances £100m Buyback With Further Share Cancellation
Positive
Feb 25, 2026
SSP Group has continued executing its previously announced £100 million share repurchase programme, buying 230,000 ordinary shares for cancellation on 24 February 2026 from Barclays Bank via on-exchange transactions on the London Stock Exchan...
Business Operations and StrategyStock Buyback
SSP Group Shrinks Share Count with Further Buyback Under £100m Programme
Positive
Feb 24, 2026
SSP Group plc has continued to execute its previously announced £100 million share repurchase programme, buying 230,000 ordinary shares for cancellation on 23 February 2026 via on-exchange transactions with Barclays Bank on the London Stock E...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback, Cuts Share Count to 785.9m
Positive
Feb 23, 2026
SSP Group plc has continued executing its £100 million share repurchase programme, buying 230,000 ordinary shares for cancellation on 20 February 2026 in on-exchange transactions with Barclays Bank plc on the London Stock Exchange at a volume...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback With Further Share Purchases
Positive
Feb 20, 2026
SSP Group plc has continued its £100 million share repurchase programme, buying 230,000 ordinary shares on 19 February 2026 from Barclays Bank plc via on-exchange transactions on the London Stock Exchange. The shares, acquired at a volume-wei...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback, Cuts Share Count to 786.3m
Positive
Feb 19, 2026
SSP Group plc has continued its £100 million share repurchase programme, buying 60,708 ordinary shares on 18 February 2026 from Barclays Bank plc via on-exchange transactions on the London Stock Exchange at a volume-weighted average price of ...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback, Cuts Share Count to 786.4m
Positive
Feb 17, 2026
SSP Group plc has continued executing its £100 million share repurchase programme, buying 227,081 ordinary shares on 16 February 2026 from Barclays Bank plc in on-exchange trades on the London Stock Exchange for cancellation. The latest trans...
Executive/Board ChangesRegulatory Filings and Compliance
SSP Group Executive Increases Holding Under Share Incentive Plan
Positive
Feb 16, 2026
SSP Group plc disclosed a share transaction involving Satya Menard, CEO Continental Europe, under its International Share Incentive Plan. The executive acquired 79 partnership shares at £1.883 each and received rights over an additional 39 ma...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback With Further Share Cancellations
Positive
Feb 16, 2026
SSP Group plc has continued its £100 million share repurchase programme, buying 230,000 ordinary shares on 13 February 2026 from Barclays Bank as on-exchange transactions and cancelling them. The latest purchases bring total buybacks under th...
Business Operations and StrategyStock Buyback
SSP Group Advances £100m Buyback as Share Count Falls to 786.8m
Positive
Feb 13, 2026
SSP Group plc has continued executing its previously announced £100 million share repurchase programme, buying 228,141 ordinary shares on 12 February 2026 from Barclays Bank plc in an on-exchange transaction on the London Stock Exchange. The ...
Business Operations and StrategyStock Buyback
SSP Group Advances £100m Buyback With Fresh Share Cancellation
Positive
Feb 12, 2026
SSP Group plc has continued executing its £100 million share repurchase programme, buying 230,000 ordinary shares for cancellation on 11 February 2026 in on-exchange transactions with Barclays Bank at a volume-weighted average price of 185.74...
Business Operations and StrategyStock Buyback
SSP Group Continues £100m Buyback, Cuts Share Count to 787.3m
Positive
Feb 11, 2026
SSP Group plc has continued to execute its £100 million share repurchase programme, buying 226,973 ordinary shares on 10 February 2026 from Barclays Bank plc in on-exchange trades on the London Stock Exchange. The shares, acquired at a volume...
Business Operations and StrategyStock Buyback
SSP Group Cuts Share Count Further as £100m Buyback Advances
Positive
Feb 10, 2026
SSP Group has continued executing its £100 million share repurchase programme, buying 228,471 ordinary shares on 9 February 2026 for cancellation through on-exchange transactions with Barclays Bank at a volume-weighted average price of 187.15...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.