Pre-tax profits boost for Applegreen

Irish forecourt retailer, Applegreen, recorded a 40% increase in pre-tax profits and revenue of €1.2bn last year, according to accounts just filed to the Companies Office.

The public limited company, which employs 3,000 staff in its service stations and in its subsidiaries, saw revenue rise by 9% during 2016, while pre-tax profits increased by 40%, to €19.5m.

The sale of motor fuel accounted for €515.7m of its total revenue last year, representing an increase of 9.2% compared to 2015.