SSP Group holds annual forecast despite Iran war impact
SSP Group reaffirmed its annual outlook as strong performance in core Western markets offset a slowdown in Asia and the Gulf caused by regional conflict. The company reported that like-for-like sales grew 3% in recent weeks while underlying operating profit rose 17.8% for the half year.
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SSP GROUP PLC maintained its annual sales forecast despite a slowdown in Asia and Europe following the conflict in Iran. Like-for-like sales rose 3% in the first six weeks of the second half, down from 5% during the period from October to March. Resilient demand in core markets like the United Kingdom and North America protects 80% of revenue from regional geopolitical volatility.
