![Alliance News](https://static.lse.co.uk/images/news-logos/alliance-news-logo.png)
(ShareCast News) - Starbucks and Burger King travel food operator SSP Group reported a rise in full year revenue as it focuses on delivering shareholder value. The FTSE 250 company said its strategy is to optimise like-for-like sales growth, expand globally, optimise gross margins and generate opera
Read more(ShareCast News) - SSP Group, a food and beverage operator in travel locations, has partnered with K Hospitality Group to create a joint venture in order to enter the Indian market. The company agreed to create a joint venture where it will buy a 49% stake for £57.9m in Travel Food Services, an oper
Read more(ShareCast News) - Rolls-Royce got a boost on Monday after JPMorgan Cazenove upgraded its price target on the stock to 890p from 835p as it took a look at the UK aerospace and defence sector. The bank said it was updating its earnings per share estimates, mostly for the recent strengthening of the d
Read more(ShareCast News) - Numis on Monday initiated its rating on SSP at 'buy' with a target price of 390p, saying it sees further upside in margins. The broker expects the owner of food and beverage franchises at airports and train stations will achieve a 60 basis point (bp) increase in margins in fiscal
Read more(ShareCast News) - FTSE 250 food and beverage outlet operator SSP said on Tuesday that if sterling remains weak due to the Brexit vote, its full-year revenue could be lifted by around 3%. In a trading update for the three months to 30 June, the company said revenue rose by 4.8% on a constant currenc
Read more