Half Year Results 

Applegreen grows outside of fuel

Applegreen grows outside of fuel

Applegreen (APGN) completed the acquisition of motorway services and hotels group Welcome Break at the end of last year, and the addition to the company’s portfolio of 37 service areas and 29 hotels - combined with a deal for 46 new sites in the US - led to a marked increase in sales for the first half of the year. The roadside retailer’s portfolio grew 31 per cent to 483 sites. Management said it has identified “significant additional recurring synergies” from the deal, and expects integration to be completed by the end of 2021.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now