Applegreen, Jameson, Woodie's and Cuisine de France to take profit hits

Irish forecourt and motorway services station operator Applegreen expects to take a hit to profits this year due to the Covid-19 outbreak, but said it is too early to estimate how much lower profits will be.

The company has also frozen recruitment, scrapped a planned shareholder dividend and postponed bonus payments for executives in relation to its 2019 performance. It is in talks with landlords over rent holidays.