Applegreen shares slip despite better than expected second quarter

As a result of the improved trading, Applegreen said its cash position is currently more positive than expected. Photo: File photo

Shares in Applegreen slipped as much as 1.5% despite the fuel forecourt and motorway services station operator saying its trading levels and cash position were better than expected in the second quarter of the year.

Earlier this year, the group said it expects to see a material reduction in profits this year due to the Covid-19 disruptions.