International fuel retailer Applegreen said trading in the first five months of year had been in line with expectations despite the impact of Brexit uncertainty on its welcome break segment.
In a quote from Applegreen's Non Executive Chairman, Daniel Kitchen, during the briefing of Applegreen’s activities for the first five months of 2019, he said “The US business is performing well and we continue to explore new opportunities in this market. The legacy Applegreen business is performing strongly year-on-year, notwithstanding prior year comparators were negatively impacted by adverse weather events. We are pleased with the performance of the business in Ireland where trading conditions remain good".
He went on to say " The management team has successfully integrated this business and we continue to progress with the delivery of synergy benefits. The US business is performing well and we continue to explore new opportunities in this market".
The Applegreen Group has added nine sites to its portfolio since 31 December 2018. Six new sites were added in the Republic of Ireland and three new sites in the UK, with two further sites converted in the US to 7-Eleven convenience stores.
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