SSP Group Reports Strong Annual Growth
Dubai – Qahwa World
Global travel food and beverage operator SSP Group has announced solid revenue growth for the fiscal year ending 30 September 2025, supported by strong performances in the UK and Asia Pacific. However, the company continues to face headwinds in its Continental European markets.
According to its preliminary financial update, SSP achieved an 8% year-on-year increase in total revenues, reaching £3.7 billion ($4.9 billion). Group-wide like-for-like sales rose by 4%, while operating profit is projected to climb 11% to £230 million ($307 million).
Sales in the UK and Ireland advanced by 8% in the fourth quarter, driven by increased rail passenger spending. Meanwhile, the Asia Pacific and EEME (Eastern Europe, Middle East, and Africa) region recorded a 9% rise, bolstered by the integration of Airport Retail Enterprises (ARE) in Australia, acquired in 2024.
In contrast, Continental Europe posted a 1% sales decline for the same period. SSP cited disruptions in France’s rail network and infrastructure works in Germany as key factors, alongside weaker consumer spending and a gradual withdrawal from its unprofitable partnership with Tank & Rast, the German motorway service operator. The company’s North American operations remained flat due to reduced airport passenger volumes.
To address these challenges, SSP launched a cost-efficiency programme across its 15 Continental European markets in mid-2025. The initiative follows the appointment of Satya-Christophe Menard, formerly of JDE Peet’s, who now leads the group’s European division with profitability as a top priority.
Group CEO Patrick Coveney said SSP’s strategy for enhanced returns is beginning to yield results, though the company remains focused on accelerating improvements in France and Germany. “We recognise the need for rapid progress and are acting decisively as we enter the new financial year,” Coveney stated.
Headquartered in London, SSP operates nearly 3,000 outlets across 38 global markets, including airports and rail hubs. Its portfolio features licensed brands such as Starbucks, Pret A Manger, BackWerk, and Exki, alongside its proprietary concepts Upper Crust, Camden Food Co, and Caffè Ritazza.
The group is set to publish its audited full-year results on 4 December 2025.
