SSP Group (SSPG) Q3 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 TU earnings summary
28 Jul, 2026Trading performance
Q3 group sales rose 4% year-on-year on a constant currency basis, with like-for-like sales also up 4%.
North America and UK & Ireland saw sales growth of 4% and 8% respectively, while APAC & EEME experienced a 2% decline in LFL sales due to lower passenger numbers from Middle East conflict.
Continental Europe sales remained stable, with a focus on profitability and operational improvements.
For the nine months to 30 June 2026, group sales increased 5% on a constant currency basis, with LFL sales up 5%.
Outlook and guidance
Trading remains in line with expectations, with continued focus on customer and operational delivery during peak summer.
Full-year expectations include EPS of 13.6-14.8p (post share buyback), free cash flow above £100m, and further progress toward a 20% ROCE.
Currency impact for the year is expected to be +0.3% on revenue and -1.6% on operating profit if current FX rates persist.
The group is progressing with its 'Focus 26' operational plans to strengthen profitability, cash flow, and returns.
Capital allocation and shareholder returns
£76m of the £100m share buyback program initiated in October 2025 has been completed.
Full-year results for 2026 are scheduled for release on 8 December 2026.
Latest events from SSP Group
- Strong H1 growth, margin gains, and strategic actions support robust FY26 outlook.SSPG
H1 2026 - Q1 sales rose 5% LFL, guidance unchanged, and share buyback progress continues.SSPG
Trading update - EPS up 25%, free cash flow strong, and margins rising amid restructuring and buyback.SSPG
H2 2025 - Q4 sales and profit up, £100m buyback, and FY26 guidance reaffirmed with focus on cost improvements.SSPG
Trading Update - Q3 sales up 6%, guidance maintained, and TFS IPO completed with majority stake retained.SSPG
Trading Update - Revenue and profit surged, with FY25 focused on growth, efficiency, and European recovery.SSPG
H2 2024 - Full-year revenue up 17% and operating profit up 30%, with strong regional growth.SSPG
Trading Update - Q3 sales up 16%, guidance maintained, and strong growth seen across all regions.SSPG
Trading Update - H1 2025 saw 12% revenue growth, 31% profit rise, and margin improvement, supporting steady outlook.SSPG
H1 2025