Upper Crust and Millie’s Cookies proprietor SSP shrugs off rail strikes to disclose a 7% rise in gross sales
Upper Crust and Millie’s Cookies owner SSP has revealed a 7 per cent rise in third quarter UK sales against a year ago, despite last month’s London Underground strikes.
Overall sales rose 8 per cent to £3.7billion in the year to September, against ‘a softer demand environment’ in key travel spots, where it also runs Caffe Ritazza and Camden Food Co outlets.
A cost-cutting overhaul of its supply chain, menus and staff gave it the ‘confidence’ to launch a £100million share buyback, it revealed yesterday.
Shares fell 2.6 per cent.
Taste of success: Upper Crust and Millie’s Cookies owner SSP saw sales rise 8% to £3.7bn in the year to September
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