SSP Group plc

LSE:SSPG Stock Report

Market Cap: UK£1.3b

SSP Group Management

Management criteria checks 2/4

SSP Group's CEO is Patrick Coveney, appointed in Mar 2022, has a tenure of 2.67 years. total yearly compensation is £2.35M, comprised of 33.4% salary and 66.6% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth £1.51M. The average tenure of the management team and the board of directors is 2.2 years and 4.2 years respectively.

Key information

Patrick Coveney

Chief executive officer

UK£2.3m

Total compensation

CEO salary percentage33.4%
CEO tenure2.7yrs
CEO ownership0.1%
Management average tenure2.2yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

At UK£1.66, Is SSP Group plc (LON:SSPG) Worth Looking At Closely?

Oct 10
At UK£1.66, Is SSP Group plc (LON:SSPG) Worth Looking At Closely?

SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital

Sep 20
SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital

Here's Why SSP Group (LON:SSPG) Has A Meaningful Debt Burden

Aug 16
Here's Why SSP Group (LON:SSPG) Has A Meaningful Debt Burden

SSP Group plc (LON:SSPG) Stock Rockets 26% But Many Are Still Ignoring The Company

Aug 01
SSP Group plc (LON:SSPG) Stock Rockets 26% But Many Are Still Ignoring The Company

An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued

Jul 25
An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued

Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital

May 21
Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital

What Is SSP Group plc's (LON:SSPG) Share Price Doing?

May 01
What Is SSP Group plc's (LON:SSPG) Share Price Doing?

SSP Group plc's (LON:SSPG) Share Price Matching Investor Opinion

Apr 12
SSP Group plc's (LON:SSPG) Share Price Matching Investor Opinion

Is SSP Group (LON:SSPG) A Risky Investment?

Mar 18
Is SSP Group (LON:SSPG) A Risky Investment?

Estimating The Fair Value Of SSP Group plc (LON:SSPG)

Feb 29
Estimating The Fair Value Of SSP Group plc (LON:SSPG)

Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital

Jan 18
Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital

Investors Appear Satisfied With SSP Group plc's (LON:SSPG) Prospects

Jan 03
Investors Appear Satisfied With SSP Group plc's (LON:SSPG) Prospects

SSP Group's (LON:SSPG) Solid Earnings Are Supported By Other Strong Factors

Dec 18
SSP Group's (LON:SSPG) Solid Earnings Are Supported By Other Strong Factors

Should You Think About Buying SSP Group plc (LON:SSPG) Now?

Nov 21
Should You Think About Buying SSP Group plc (LON:SSPG) Now?

Are Investors Undervaluing SSP Group plc (LON:SSPG) By 34%?

Oct 15
Are Investors Undervaluing SSP Group plc (LON:SSPG) By 34%?

SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital

Sep 25
SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital

Should You Investigate SSP Group plc (LON:SSPG) At UK£2.34?

Aug 17
Should You Investigate SSP Group plc (LON:SSPG) At UK£2.34?

A Look At The Fair Value Of SSP Group plc (LON:SSPG)

Jul 16
A Look At The Fair Value Of SSP Group plc (LON:SSPG)

Does SSP Group (LON:SSPG) Have A Healthy Balance Sheet?

Jul 01
Does SSP Group (LON:SSPG) Have A Healthy Balance Sheet?

Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)

Jun 14
Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)

Is It Time To Consider Buying SSP Group plc (LON:SSPG)?

May 12
Is It Time To Consider Buying SSP Group plc (LON:SSPG)?

Returns On Capital At SSP Group (LON:SSPG) Paint A Concerning Picture

Mar 14
Returns On Capital At SSP Group (LON:SSPG) Paint A Concerning Picture

These 4 Measures Indicate That SSP Group (LON:SSPG) Is Using Debt Extensively

Feb 21
These 4 Measures Indicate That SSP Group (LON:SSPG) Is Using Debt Extensively

What Does SSP Group plc's (LON:SSPG) Share Price Indicate?

Jan 25
What Does SSP Group plc's (LON:SSPG) Share Price Indicate?

Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)

Dec 12
Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)

An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued

Oct 26
An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued

What Does SSP Group plc's (LON:SSPG) Share Price Indicate?

Sep 09
What Does SSP Group plc's (LON:SSPG) Share Price Indicate?

Would SSP Group (LON:SSPG) Be Better Off With Less Debt?

Jul 28
Would SSP Group (LON:SSPG) Be Better Off With Less Debt?

Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?

Jul 06
Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?

Health Check: How Prudently Does SSP Group (LON:SSPG) Use Debt?

Mar 17
Health Check: How Prudently Does SSP Group (LON:SSPG) Use Debt?

Is Now The Time To Look At Buying SSP Group plc (LON:SSPG)?

Nov 09
Is Now The Time To Look At Buying SSP Group plc (LON:SSPG)?

Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?

Oct 19
Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?

The SSP Group plc (LON:SSPG) Analysts Have Been Trimming Their Sales Forecasts

Jun 10
The SSP Group plc (LON:SSPG) Analysts Have Been Trimming Their Sales Forecasts

Auditors Have Doubts About SSP Group (LON:SSPG)

Feb 25
Auditors Have Doubts About SSP Group (LON:SSPG)

SSP Group's(LON:SSPG) Share Price Is Down 55% Over The Past Year.

Feb 03
SSP Group's(LON:SSPG) Share Price Is Down 55% Over The Past Year.

The Independent Chairman of the Board of SSP Group plc (LON:SSPG), Michael Clasper, Just Bought 78% More Shares

Dec 26
The Independent Chairman of the Board of SSP Group plc (LON:SSPG), Michael Clasper, Just Bought 78% More Shares

Earnings Update: SSP Group plc (LON:SSPG) Just Reported And Analysts Are Trimming Their Forecasts

Dec 19
Earnings Update: SSP Group plc (LON:SSPG) Just Reported And Analysts Are Trimming Their Forecasts

CEO Compensation Analysis

How has Patrick Coveney's remuneration changed compared to SSP Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

UK£8m

Dec 31 2023n/an/a

UK£8m

Sep 30 2023UK£2mUK£784k

UK£8m

Jun 30 2023n/an/a

UK£10m

Mar 31 2023n/an/a

UK£12m

Dec 31 2022n/an/a

UK£1m

Sep 30 2022UK£2mUK£390k

-UK£10m

Compensation vs Market: Patrick's total compensation ($USD2.94M) is above average for companies of similar size in the UK market ($USD2.19M).

Compensation vs Earnings: Patrick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Patrick Coveney (54 yo)

2.7yrs

Tenure

UK£2,348,000

Compensation

Mr. Patrick F. 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 31,...

Leadership Team

NamePositionTenureCompensationOwnership
Patrick Coveney
Group CEO & Director2.7yrsUK£2.35m0.12%
£ 1.5m
Jonathan Davies
Deputy CEO20.8yrsUK£1.69m0.22%
£ 2.8m
Kelly Charles
Co-Ownerno datano datano data
Freseric Emmanuel
Co-Ownerno datano datano data
Alexander Olivier
Co-Ownerno datano datano data
Jeremy Fennell
Chief Operationg officerless than a yearno datano data
Jon Wood
Chief Digital & Technology Officerless than a yearno datano data
Fiona Scattergood
Group General Counsel & Company Secretary1.8yrsno datano data
Ann-Marie Murphy
Chief People Officerless than a yearno datano data
Sukh Tiwana
Chief Procurement Officerno datano datano data
Mark Angela
Chief Business Development & Strategy Officer and CEO India and EEME10.6yrsno datano data
Michael Svagdis
Chief Executive Officer of SSP North America10.3yrsno datano data

2.2yrs

Average Tenure

59yo

Average Age

Experienced Management: SSPG's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Patrick Coveney
Group CEO & Director2.7yrsUK£2.35m0.12%
£ 1.5m
Jonathan Davies
Deputy CEO10.4yrsUK£1.69m0.22%
£ 2.8m
Judith Vezmar
Independent Non-Executive Director4.3yrsUK£68.00k0.0052%
£ 65.7k
Kelly Kuhn
Independent Non-Executive Director2.8yrsUK£55.00k0.0024%
£ 31.0k
Michael Clasper
Independent Chairman of the Board5yrsUK£285.00k0.030%
£ 381.2k
Timothy Ralph Lodge
Independent Non-Executive Director4.1yrsUK£65.00k0.0038%
£ 47.7k
Carolyn Bradley
Senior Independent Non-Executive Director6.1yrsUK£75.00k0.0039%
£ 49.4k
Apurvi Sheth
Independent Non-Executive Director2.8yrsUK£56.00k0.0029%
£ 37.4k

4.2yrs

Average Tenure

60yo

Average Age

Experienced Board: SSPG's board of directors are considered experienced (4.2 years average tenure).