SSP Group plc announced that the company have had a strong fourth quarter, with revenues expected to be c.91% of 2019 levels, driven by a continued recovery of passenger numbers, notwithstanding some disruption to the travel sector over the summer. The revenue performance includes the benefit from net contract gains and price increases compared to the same period in 2019.

For the current full year, the company now expect to deliver sales of approximately £2,170 million and EBITDA of approximately £140 million (on a pre-IFRS 16 basis), slightly ahead of previous full year guidance. The strength of second-half EBITDA performance reflects the benefit of operating leverage, as sales recover, as well as ongoing management of inflationary cost pressures through productivity and pricing initiatives.