Applegreen profits increase by 63%

Irish petrol station operator and forecourt retailer Applegreen has reported a bumper year with both revenue and profitability comfortably surpassing 2012 levels.

On the back of continued expansion in Ireland and the UK, as well as its first foray into the US market, Petrogas Global — under the Applegreen brand — saw profits soar 63% in 2013 while revenues climbed by more than 10%.

Turnover in 2013 totalled €804.5m, with operating profit rising to €10.6m and pre-tax profit to €10.1m.