SSP Group, which owns Upper Crust, has reported a remarkable 35% rise in profits, amounting to £118.6 million, driven by the UK’s vibrant travel market.
Despite the Chancellor's recent Budget measures raising national insurance contributions, SSP remains optimistic about future growth and margin progression in the UK.
CEO Patrick Coveney emphasized that SSP has strong fundamentals, benefiting from global travel market trends, which has provided a substantial foundation for their recent success.
Coveney also highlighted a strategic focus on profitability in continental Europe, specifically through an accelerated profit recovery plan and newly extended contracts.
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