FTSE 250 risers: Capita still to see relief from Covid-19, SSP Group feeling it already

10th Nov 2020 15:16

(Sharecast News) - Capita shares were pacing gains on the second-tier index after it told shareholders that it still expected to comply with its debt covenants at year end 2020.

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SSP warns on job losses as H2 sales plunge 86%

23rd Sep 2020 07:27

(Sharecast News) - Upper Crust and Caffe Ritazza owner SSP Group warned of "considerable" job losses as it expected second-half sales to plummet by 86% amid the coronavirus pandemic although it lowered forecast cash burn for the period.

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Thursday broker round-up

3rd Sep 2020 13:36

(Sharecast News) - CMC Markets: Peel Hunt upgrades to buy with a target price of 380.0p.

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SSP pledges to listen to shareholders after pay revolts

25th Aug 2020 14:47

(Sharecast News) - SSP said would keep listening to shareholders after almost a third of votes were cast against the company's remuneration report at its annual general meeting.

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Friday broker round-up

3rd Jul 2020 13:15

(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.

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Credit Suisse starts SSP at 'underperform', says consensus too optimistic on recovery

1st Jul 2020 17:20

(Sharecast News) - Credit Suisse started coverage of food concessions group SSP at 'underperform' with a 220.0p target price, telling clients that the multiple headwinds from the Covid-19 pandemic were set to be stronger and be longer-lasting than what analysts were anticipating.

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SSP to cut up to 5,000 UK jobs as Covid-19 slams travel industry

1st Jul 2020 07:12

(Sharecast News) - Travel food operator SSP Group said it was looking to slash 5,000 jobs in the UK as it dealt with the collapse in air travel due to the Covid-19 pandemic.

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

30th Jun 2020 23:17

(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.

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Friday broker round-up

5th Jun 2020 13:47

(Sharecast News) - Burberry: Goldman Sachs downgrades to sell with a target price of 1,490p.

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SSP Group raises ?11m from share placing

4th Jun 2020 08:08

(Sharecast News) - Catering group SSP said it had raised £11m from a share placing after asking shareholders to reinvest their 2019 final dividend.

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SSP Group offers dividend reinvestment plan to save cash

3rd Jun 2020 07:01

(Sharecast News) - Transport catering firm SSP Group offered shareholders the option of dividend reinvestment as it looked to raise more cash to weather the coronavirus crisis.

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SSP secures access, makes drawdown under Covid finance facility

1st Apr 2020 15:52

(Sharecast News) - SSP Group updated the market on the Covid Corporate Financing Facility on Wednesday, confirming that it had secured access and drawn down funding.

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Monday broker round-up

30th Mar 2020 11:44

(Sharecast News) - Cineworld Group: JP Morgan downgrades to neutral with a target price of 90p.

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SSP cuts jobs, cancels divi, seeks cash from banks, govt

25th Mar 2020 07:30

(Sharecast News) - Airport food concession operator SSP cancelled its interim dividend, cut jobs and said it was in advanced talks with the UK government on a financial support package as European revenues slumped by 80% due to the coronavirus.

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Friday broker round-up

28th Feb 2020 13:28

(Sharecast News) - McColl's Retail Group: Liberum upgrades to buy with a target price of 45p.

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