SSP Group Shares
SSP GROUP (SSPG) Shares
ABOUT SSP GROUP
SSP Group Public Limited Company is a British multinational holding company, that, through its subsidiaries, offers catering and concession services in the UK, Europe, Asia and North America.
With headquarters in London, United Kingdom, it operates branded catering and retail units as a concessionaire at more than 125 airports and 270 railway stations around the world.
The business was established as a division of Swedish airline SAS Group under the name of SAS Catering in 1961 and its Select Service Partner (SSP) division was acquired by Compass Group in 1993.
Compass then merged SSP with several other companies like British Rail’s former catering division Travellers Fare. In 2006 the business was bought by EQT Partners.
OVERVIEW OF SSP GROUP
SSP Group delivers food service to restaurants, cafes, bars and fast food outlets and runs with more than 37 000 employees.
They operate a large portfolio of small brands, including significant ones like Le Grand Comptoir, Upper Crust, Caffè Ritazza, Starbucks, Burger King, YO! Sushi, Le Train Bleu, Walter and Millies Cookies. SSP also provides outsourced catering on board several train services under the brand RG (previously Rail Gourmet) and services at the Ottawa International Airport.
With over 50 years’ experience in the travel market, they have a presence in 33 countries from the UK to Australia and more than 500 brands in their portfolio which makes them capable to deliver world-class quality of food and beverage outlet programmes and the highest levels of customer service that meet the needs of the many different types of travellers.
Everywhere they operate they have experts who can create the best brand line-up to meet the needs of the environment, ensure exceptional customer service and recruit, train and manage local teams to the right level of expertise.
The company works with world-class chefs to create offers that reflect the heritage of the country or region operating in.
The central team is in London, that, with the help of 24 offices around the world enable their restaurants and shops to serve approximately 1.5 million customers daily.
VISION & VALUES OF SSP GROUP
SSP Group is recognised as The Food Travel Experts because of their accumulated knowledge, experience and skills to operate food and beverage brands to the highest standard in travel locations.
They boast to deliver the best part of a journey for customers by providing great food and drink, welcoming environments and exceptional service.
Across all their markets, they are committed to manage all environmental and social issues material to their business responsibly, keeping the values of the communities in which, they operate in mind. Furthermore, they aim to maximise total return, high levels of income, income growth and capital appreciation for shareholders who purchase shares with them.
MARKET PERFORMANCE OF SSP GROUP
SSP Group’s shares are traded on the Financial Times Stock Exchange (FTSE) under the stock symbol SSPG listed in the Tourism and Leisure sector.
During the previous year the group has delivered strong results, with revenue growing by 7.8% to £ 2,564.9m, and underlying earnings per share increasing by 23.6% to 25.1 pence per share.
Operating income was £195.2 million and net income £142.7 million.
This performance in the market gives shareholders enough confidence to buy or sell shares and expect sound dividends and returns in 2019 and further.
Buy SSP GROUP stocks / shares – ? A Step by Step Guide how to Buy / Purchase SSP GROUP Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy SSP GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SSP GROUP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE SSP GROUP STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SSP GROUP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy SSP GROUP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?