Today’s news in brief – 21/09/23

SSP revenues are anticipated to reach £3bn for the year, spelling a 37% year-on-year increase and an EBITDA of £280m. This was due to recovery in passenger numbers, along with a stronger customer offer and digital presence. North America remains a key driver, while the UK and Ireland are expected to strengthen sales despite rail sector challenges. CEO Patrick Coveney also sees continued growth opportunities.

Adnams’ operating losses widened to £2.4m in H1 due to rising input costs, causing the pub operator’s sales to match the previous year’s figure of £30m. Q1 saw subdued sales amid inflation, but sales improved in Q2 with better weather. The group’s hotels and pubs performed well in terms of room occupancy, but lower footfall in coastal areas affected food and beverage sales. Meanwhile, sales to supermarkets have become a larger part of the company’s output.

Scottish restaurant operator, Buzzworks, plans to expand after reporting strong trading results across its 20 venues. This comes as its flagship restaurant achieved record visitors and sales, with projected sales growth up over 25% from the previous year. New venues also contributed to success. Managing Director Kenny Blair aims to bring the group’s “winning formula” to new locations with an emphasis on community and job creation. 

Chopstix has introduced two new learning programmes to support employee development. The Chopstix Degree, in partnership with Arden University, offers a three-year Chartered Management Degree for employees meeting service criteria. Additionally, the “Pick ‘n’ Mix Diploma”, in collaboration with IBAT College Dublin, allows staff to tailor their development with a level 6/7 qualification and choose from 45 modules. These initiatives aim to provide career progression opportunities and enhance employee satisfaction within the company.