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SSPG SSP News Story

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Consumer CyclicalsAdventurousMid CapNeutral

Upper Crust owner SSP rises after reporting higher first-quarter sales

** Shares of food outlet operator SSP Group SSPG.L up 2.4% at 200p

** Co reports Q1 group like-for-like sales up 5% year-on-year on constant currency rates

** SSPG maintains annual forecast

** "We are encouraged by particularly strong trends in UK travel," say analysts at RBC Capital Markets in a note

** Adds, "we think SSP is continuing to gain share in the large and important US travel market, and APAC & EEME growth has accelerated QoQ"

** Stock down ~2.72% YTD

(Reporting by Ankita Bora in Bengaluru)

((Ankita.Bora@thomsonreuters.com))

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