reports record cover

Profits accelerate at Asda owners' petrol station giant EG Group after record sales

Reading now: 423
manchestereveningnews.co.uk

Don't miss a thing by getting the day's biggest stories sent direct to your inbox A record rise in drivers grabbing food on the go and online delivery orders helped profits accelerate at petrol station giant EG Group, which is owned by the billionaire brothers who recently bought Asda, during the first three months of 2021.

The Blackburn-headquartered group has reported a 140.9% rise in its foodservice arm's gross profits from £45m to £109m in the period to the end of March 2021, BusinessLive reports.

The surge helped its group EBITDA also increase 5.8% from £251m to £265m over the same period. However, total revenue reversed 7.1% from £5.735bn to £5.331bn with fuel gross profit falling 5.3% from £438m to £415m and grocery and merchandise

Read more on manchestereveningnews.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA