SSP Group PLC (OTCPK:SSPPF)

$ 2.486 0 (0%) Market Cap: 2.04 Bil Enterprise Value: 3.83 Bil PE Ratio: 203.60 PB Ratio: 7.17 GF Score: 73/100

SSP Group PLC to Discuss Rights Issue Call Transcript

Mar 17, 2021 / 08:30AM GMT

Release Date Price: $3.71 (-7.61%)

Transcript

Simon Smith

SSP Group plc - CEO & Director

Good morning. Today's agenda covers 3 key areas: Firstly, a brief reminder of SSP's track record, the impact that COVID has had on our business and the actions that we've taken throughout the crisis. Secondly, Jonathan will outline in detail the Rights Issue in our financial strategy. And finally, I will present our future plans and the significant growth opportunity for SSP as the market recovers.

So just before getting into the detail, I'd like to start with a brief overview. Before COVID, SSP was a successful business with a strong track record of growth and commercial excellence, and one which consistently delivered good shareholder returns. The impact of COVID has been widespread, severely affecting our business for the last 12 months. Now throughout the crisis, we have taken quick and decisive action to protect our business and position us for the recovery. I have no doubt that the market will recover but as we all know the recovery has been pushed out and the timing of the recovery remains uncertain. So it is really against this backdrop and

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