SSP Group Management
Management criteria checks 3/4
SSP Group's CEO is Patrick Coveney, appointed in Mar 2022, has a tenure of 4.25 years. total yearly compensation is £1.70M, comprised of 48.7% salary and 51.3% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth £2.99M. The average tenure of the management team and the board of directors is 2.4 years and 4.3 years respectively.
Key information
Patrick Coveney
Chief executive officer
UK£1.7m
Total compensation
| CEO salary percentage | 48.70% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Analysis Article • Feb 05
SSP Group (LON:SSPG) Might Have The Makings Of A Multi-Bagger
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • Jan 14
Is SSP Group (LON:SSPG) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update • Jan 12
SSPG: Free Cash Flow Improvements Will Drive Future Upside Potential
Analysts have modestly adjusted their price expectations for SSP Group, with a slightly lower implied P/E multiple and a £2.20 price target. This now reflects higher required returns and a greater focus on free cash flow quality following the recent downgrade to Equal Weight.Analysis Article • Dec 29
Is SSP Group plc (LON:SSPG) Potentially Undervalued?
SSP Group plc ( LON:SSPG ), is not the largest company out there, but it received a lot of attention from a substantial...Narrative Update • Dec 27
SSPG: Raised Earnings Outlook And Buyback Will Drive Future Upside Potential
Analysts have trimmed their price targets for SSP Group, with recent reductions to 310 GBp and 200 GBp. These changes reflect slightly lower earnings multiples and more conservative assumptions on growth and margins, despite only modest tweaks to underlying forecasts. Analyst Commentary Recent research suggests that, even with trimmed price targets, sentiment on SSP Group remains cautiously constructive.Analysis Article • Dec 14
Further Upside For SSP Group plc (LON:SSPG) Shares Could Introduce Price Risks After 26% Bounce
SSP Group plc ( LON:SSPG ) shareholders would be excited to see that the share price has had a great month, posting a...Narrative Update • Dec 13
SSPG: Raised Earnings Outlook And Buyback Plan Will Support Upside
We trim our fair value estimate for SSP Group to £3.10 from £3.30 per share, reflecting analysts' reduced price targets following a more cautious view on margins and required returns, partly offset by still resilient revenue growth expectations and a higher assumed future P E multiple. Analyst Commentary Recent Street research remains constructive on SSP Group, even as some targets are recalibrated to reflect a more measured view on margins and the cost of capital.Analysis Article • Dec 05
Estimating The Fair Value Of SSP Group plc (LON:SSPG)
Key Insights SSP Group's estimated fair value is UK£1.41 based on 2 Stage Free Cash Flow to Equity SSP Group's UK£1.65...
Narrative Update • Nov 27
SSPG: Shares Will Advance on Buyback Momentum and Expanding US and India Presence
Analysts have slightly reduced their target price for SSP Group, with recent updates citing a new range from £1.90 to £3.10 per share. This adjustment largely reflects tempered revenue growth expectations and ongoing shifts in international market exposure.Narrative Update • Nov 10
SSPG: Shares Will Benefit From Expanded Buyback And International Expansion
Analysts have modestly lowered their price targets for SSP Group, with recent updates reflecting a reduction from approximately 330 GBp to 310 GBp and 210 GBp to 200 GBp. They cite slightly reduced growth and margin expectations as key factors. Analyst Commentary Analyst opinions on SSP Group present a mix of both optimism and caution as they respond to recent market developments and changes in company performance expectations.Narrative Update • Oct 27
Exposure To Expanding International Demand Will Drive Long-Term Performance And Margin Improvement
Narrative Update on SSP Group: Analyst Price Target Revision Analysts have modestly reduced their average price target for SSP Group, citing a marginal softening in forecasts for revenue growth and profit margins. Recent targets have been adjusted down from previous levels of 330 GBp and 210 GBp to 310 GBp and 200 GBp respectively.Narrative Update • Oct 13
Focusing On High-Growth Markets And Cost Efficiencies Will Strengthen Future Performance
Analysts have adjusted their price target for SSP Group downward, lowering it from 210 GBp to 200 GBp. This change was made due to revised growth expectations and updated market assumptions. Analyst Commentary Recent analyst updates on SSP Group highlight a mix of optimism and caution regarding the company's outlook.Analysis Article • Sep 18
Investors Will Want SSP Group's (LON:SSPG) Growth In ROCE To Persist
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Aug 30
SSP Group plc's (LON:SSPG) Intrinsic Value Is Potentially 23% Below Its Share Price
Key Insights The projected fair value for SSP Group is UK£1.18 based on 2 Stage Free Cash Flow to Equity SSP Group is...Analysis Article • Aug 12
Not Many Are Piling Into SSP Group plc (LON:SSPG) Just Yet
LSE:SSPG 1 Year Share Price vs Fair Value Explore SSP Group's Fair Values from the Community and select yours SSP Group...Analysis Article • Jun 11
These 4 Measures Indicate That SSP Group (LON:SSPG) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • May 24
SSP Group plc (LON:SSPG) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates
SSP Group plc ( LON:SSPG ) last week reported its latest half-yearly results, which makes it a good time for investors...Analysis Article • May 21
SSP Group (LON:SSPG) Will Be Hoping To Turn Its Returns On Capital Around
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • May 01
Is There An Opportunity With SSP Group plc's (LON:SSPG) 46% Undervaluation?
Key Insights Using the 2 Stage Free Cash Flow to Equity, SSP Group fair value estimate is UK£2.74 SSP Group's UK£1.48...Analysis Article • Apr 09
What Does SSP Group plc's (LON:SSPG) Share Price Indicate?
While SSP Group plc ( LON:SSPG ) might not have the largest market cap around , it received a lot of attention from a...Analysis Article • Mar 22
SSP Group plc's (LON:SSPG) Price In Tune With Earnings
With a price-to-earnings (or "P/E") ratio of 43.9x SSP Group plc ( LON:SSPG ) may be sending very bearish signals at...Analysis Article • Feb 20
Is SSP Group (LON:SSPG) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 29
SSP Group (LON:SSPG) Will Pay A Dividend Of £0.023
SSP Group plc ( LON:SSPG ) has announced that it will pay a dividend of £0.023 per share on the 27th of February...
New Narrative • Jan 28
Focusing On High-Growth Markets And Cost Efficiencies Will Strengthen Future Performance
Strategic exits from loss-making businesses and efficiency improvements aim to boost profitability by cutting costs and increasing net margins.Analysis Article • Jan 09
SSP Group (LON:SSPG) Will Want To Turn Around Its Return Trends
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Dec 11
Shareholders Will Be Pleased With The Quality of SSP Group's (LON:SSPG) Earnings
SSP Group plc's ( LON:SSPG ) strong earnings report was rewarded with a positive stock price move. We did some digging...Analysis Article • Dec 06
Earnings Miss: SSP Group plc Missed EPS By 64% And Analysts Are Revising Their Forecasts
It's been a pretty great week for SSP Group plc ( LON:SSPG ) shareholders, with its shares surging 13% to UK£1.81 in...Analysis Article • Nov 29
Calculating The Fair Value Of SSP Group plc (LON:SSPG)
Key Insights Using the 2 Stage Free Cash Flow to Equity, SSP Group fair value estimate is UK£1.77 SSP Group's UK£1.60...Analysis Article • Oct 10
At UK£1.66, Is SSP Group plc (LON:SSPG) Worth Looking At Closely?
While SSP Group plc ( LON:SSPG ) might not have the largest market cap around , it saw a decent share price growth of...Analysis Article • Sep 20
SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Aug 16
Here's Why SSP Group (LON:SSPG) Has A Meaningful Debt Burden
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • Aug 01
SSP Group plc (LON:SSPG) Stock Rockets 26% But Many Are Still Ignoring The Company
Those holding SSP Group plc ( LON:SSPG ) shares would be relieved that the share price has rebounded 26% in the last...Analysis Article • Jul 25
An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued
Key Insights SSP Group's estimated fair value is UK£2.38 based on 2 Stage Free Cash Flow to Equity Current share price...Analysis Article • May 21
Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...Analysis Article • May 01
What Is SSP Group plc's (LON:SSPG) Share Price Doing?
SSP Group plc ( LON:SSPG ), might not be a large cap stock, but it received a lot of attention from a substantial price...Analysis Article • Apr 12
SSP Group plc's (LON:SSPG) Share Price Matching Investor Opinion
It's not a stretch to say that SSP Group plc's ( LON:SSPG ) price-to-sales (or "P/S") ratio of 0.6x right now seems...Analysis Article • Mar 18
Is SSP Group (LON:SSPG) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Feb 29
Estimating The Fair Value Of SSP Group plc (LON:SSPG)
Key Insights SSP Group's estimated fair value is UK£1.94 based on 2 Stage Free Cash Flow to Equity Current share price...Analysis Article • Jan 18
Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Analysis Article • Jan 03
Investors Appear Satisfied With SSP Group plc's (LON:SSPG) Prospects
With a median price-to-sales (or "P/S") ratio of close to 1x in the Hospitality industry in the United Kingdom, you...Analysis Article • Dec 18
SSP Group's (LON:SSPG) Solid Earnings Are Supported By Other Strong Factors
When companies post strong earnings, the stock generally performs well, just like SSP Group plc's ( LON:SSPG ) stock...Analysis Article • Nov 21
Should You Think About Buying SSP Group plc (LON:SSPG) Now?
SSP Group plc ( LON:SSPG ), is not the largest company out there, but it saw a double-digit share price rise of over...Analysis Article • Oct 15
Are Investors Undervaluing SSP Group plc (LON:SSPG) By 34%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, SSP Group fair value estimate is UK£2.88 Current share price...Analysis Article • Sep 25
SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -UK£29m |
| Dec 31 2025 | n/a | n/a | -UK£52m |
| Sep 30 2025 | UK£2m | UK£826k | -UK£74m |
| Jun 30 2025 | n/a | n/a | -UK£49m |
| Mar 31 2025 | n/a | n/a | -UK£24m |
| Dec 31 2024 | n/a | n/a | UK£2m |
| Sep 30 2024 | UK£2m | UK£802k | UK£27m |
| Jun 30 2024 | n/a | n/a | UK£18m |
| Mar 31 2024 | n/a | n/a | UK£8m |
| Dec 31 2023 | n/a | n/a | UK£8m |
| Sep 30 2023 | UK£2m | UK£784k | UK£8m |
| Jun 30 2023 | n/a | n/a | UK£10m |
| Mar 31 2023 | n/a | n/a | UK£12m |
| Dec 31 2022 | n/a | n/a | UK£1m |
| Sep 30 2022 | UK£2m | UK£390k | -UK£10m |
Compensation vs Market: Patrick's total compensation ($USD2.23M) is about average for companies of similar size in the UK market ($USD2.48M).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
CEO
Patrick Coveney (56 yo)
4.3yrs
Tenure
UK£1,696,000
Compensation
Mr. Patrick Francis Coveney, B.Comm, M.Phil, D.Phil, serves as Non-Executive Director at Olam Food Ingredients Spain S.L. He has been Group Chief Executive Officer and Director at SSP Group plc since March...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 4.3yrs | UK£1.70m | 0.20% £ 3.0m | |
| CFO & Director | 1yr | UK£711.42k | 0.0053% £ 78.0k | |
| Co-Owner | no data | no data | no data | |
| Co-Owner | no data | no data | no data | |
| Co-Owner | no data | no data | no data | |
| Chief Digital & Technology Officer | 2.4yrs | no data | no data | |
| Group General Counsel & Company Secretary | 3.3yrs | no data | no data | |
| Chief People Officer | 2.4yrs | no data | no data | |
| Chief Executive Officer of SSP Asia Pacific | 3.7yrs | no data | no data | |
| Chief Executive Officer of UK & Ireland | 3.4yrs | no data | no data | |
| Chief Executive Officer of Continental Europe Business | 1.7yrs | no data | no data | |
| MD & CEO of Travel Food Services | 1.4yrs | no data | no data |
2.4yrs
Average Tenure
55yo
Average Age
Experienced Management: SSPG's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 4.3yrs | UK£1.70m | 0.20% £ 3.0m | |
| CFO & Director | 1yr | UK£711.42k | 0.0053% £ 78.0k | |
| Independent Non-Executive Director | 5.8yrs | UK£73.00k | 0.0054% £ 78.6k | |
| Independent Non-Executive Director | 1.4yrs | UK£54.00k | 0.0023% £ 34.3k | |
| Chairman of the Board | no data | no data | no data | |
| Independent Non-Executive Director | 5.7yrs | UK£72.00k | 0.0058% £ 85.5k | |
| Senior Independent Director | 7.7yrs | UK£84.00k | 0.0048% £ 70.0k | |
| Independent Non-Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 4.4yrs | UK£65.00k | 0.0036% £ 52.3k |
4.3yrs
Average Tenure
62yo
Average Age
Experienced Board: SSPG's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/24 16:52 |
| End of Day Share Price | 2026/06/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SSP Group plc is covered by 31 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chandni Hirani | Barclays |
| James Rowland Clark | Barclays |
| Richard Taylor | Barclays |