Saturday 18 May 2024
 
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SSP

Strong air passenger volumes boost SSP Group's profit

Food and beverage concessions operator SSP Group reported a 15 per cent rise in full-year pretax profit, boosted by a strong growth in air passenger numbers in the UK and Europe, particularly over the summer months. SSP, which operates

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Saudi Steel Pipe IPO oversubscribed

The retail tranche of the initial public offering (IPO) of Saudi Steel Pipe Company (SSP) has been oversubscribed by 150 per cent. The retail portion, which constitutes 7.65 million shares representing a maximum of 50 per cent of the offer

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SSP reviews IPO proceeds use plan

Saudi Steel Pipes Co said it has halved its stake in a planned plant, few days before it launches an initial public offering to raise 400 million riyals ($106.7 million). New shareholders have joined the 485 million riyals plant project, w

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SSP wins Abu Dhabi Terminal 3 F&B contract

SSP, a leading operator of food and beverage (F&B) outlets, has won a three-year exclusive management contract for all outlets in Abu Dhabi Airport’s new Terminal 3 building. Abu Dhabi Airports Company and the F&B operator signed t

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