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SSP Group (STU:83S2) Retained Earnings : €-280 Mil (As of Sep. 2024)


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What is SSP Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SSP Group's retained earnings for the quarter that ended in Sep. 2024 was €-280 Mil.

SSP Group's quarterly retained earnings declined from Sep. 2023 (€-276 Mil) to Mar. 2024 (€-310 Mil) but then increased from Mar. 2024 (€-310 Mil) to Sep. 2024 (€-280 Mil).

SSP Group's annual retained earnings increased from Sep. 2022 (€-284 Mil) to Sep. 2023 (€-276 Mil) but then declined from Sep. 2023 (€-276 Mil) to Sep. 2024 (€-280 Mil).


SSP Group Retained Earnings Historical Data

The historical data trend for SSP Group's Retained Earnings 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.

* Premium members only.

SSP Group Retained Earnings Chart

SSP Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -615.42 -291.78 -284.24 -276.11 -279.60

SSP Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -284.24 -291.31 -276.11 -310.25 -279.60

SSP Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


SSP Group  (STU:83S2) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


SSP Group Business Description

Traded in Other Exchanges
Address
32 Jamestown Road, London, GBR, NW1 7HW
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.

SSP Group Headlines

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