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Applegreen announced its unaudited interim results for the six months ended 30 June 2019.
Group revenue increased by 73% on H1 2018 to €1.5bn (70% on a constant currency basis), and Group gross profit increased by 145% on H1 2018 to €268.0m (142% on a constant currency basis).
There was an interim dividend of 0.66 cent per share (H1 2018: 0.63 cent per share), and sites grew from 368 to 483.
However, total comprehensive income for the year dropped from €8,510 to €4,432.
The group saw like for like growth in fuel revenue of 8.4% and also in non-fuel (food and store) like for like growth of 5%.
Commenting on the results, Bob Etchingham, CEO said:
'We are very pleased with our trading performance during the first half year especially from our core Applegreen business. Further initiatives were taken to further develop the business, including recently announced acquisitions in the US.'
'Our primary focus in the immediate term remains the delivery of further synergy benefits from Welcome Break, which we now expect to be significantly larger than our previous expectation, and the integration of recent US acquisitions, whilst continuing on the deleveraging trajectory for the Group.'