Page 54 - Upper Crust News Today

Finnish dairy group Valio saw sales rise 1.2% in 2020 as a plunge in food service sales was mitigated my increased exports.

London's FTSE 100 index edged lower on Wednesday, weighed down by heavyweight financials and mining stocks, while SSP Group slipped after a downbeat earnings update.

The Upper Crust and Ritazza owner will be one of only a couple of major firms reporting figures at the mid-point of the week

London’s FTSE 100 edged lower today as heavyweight financials and mining stocks weighed down the index.

The Upper Crust owner said it had delivered a ‘resilient performance in a very challenging market’ but doesn’t anticipate a return to 2019 levels of trading until 2024

Sandwich and coffee sales down 79% as lockdown kept people from SSP’s airport and railway station outlets

Upper Crust owner SSP has revealed it plunged to a half-year loss of £300million as sales crashed 79 per cent due to global coronavirus restrictions.

It recorded a pre-tax loss of nearly £300million for the six months ending March compared to £34.3million the previous year as trade across the world remained severely depressed.

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The London-based group, whose food and drink sites are located at airports and railway stations, saw pre-tax losses for the six months to March 31 hit £299.7million, up from £34.3million a year ago.