SSP Group (SSP Group) Gross Profit : $1,540 Mil (TTM As of Sep. 2023)

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What is SSP Group Gross Profit?

SSP Group's gross profit for the six months ended in Sep. 2023 was $905 Mil. SSP Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $1,540 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SSP Group's gross profit for the six months ended in Sep. 2023 was $905 Mil. SSP Group's Revenue for the six months ended in Sep. 2023 was $2,093 Mil. Therefore, SSP Group's Gross Margin % for the quarter that ended in Sep. 2023 was 43.25%.

SSP Group had a gross margin of 43.25% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of SSP Group was 45.76%. The lowest was 29.63%. And the median was 41.53%.

Warning Sign:

SSP Group PLC gross margin has been in long-term decline. The average rate of decline per year is -2%.

SSP Group Gross Profit Historical Data

The historical data trend for SSP Group's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SSP Group Gross Profit Chart

SSP Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Profit

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1,458.66

626.17

339.56

1,006.23

1,552.85

SSP Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Profit	Get a 7-Day Free Trial															286.13	397.50	664.55	634.95	905.32

Competitive Comparison of SSP Group's Gross Profit

For the Restaurants subindustry, SSP Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SSP Group's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SSP Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where SSP Group's Gross Profit falls into.

SSP Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

SSP Group's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	3724.876	-	2172.029
	=	1,553

SSP Group's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	2093.193	-	1187.871
	=	905

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,540 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

SSP Group's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	905	/	2093.193
	=	43.25 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

SSP Group (OTCPK:SSPPF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

SSP Group had a gross margin of 43.25% for the quarter that ended in Sep. 2023 => Durable competitive advantage

SSP Group Gross Profit Related Terms

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SSP Group (SSP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SSP Group PLC (OTCPK:SSPPF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

SSPGl:UK SSPG:UK

Address

32 Jamestown Road, London, GBR, NW1 7HW

Website

https://www.foodtravelexperts.com

SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.