Financial highlights: Group revenue increased by 27% on H1 2017 (672.5m) to 854.9m (30% on a constant currency basis) that it is part of Empire State Thruway Partners which has been awarded and signed a conditional 33 year lease for the design, construction, financing, operation and maintenance of the 27 motorway service areas on the New York State Thruway. The Group is pursuing a growth strategy focused on acquiring and developing new sites in each of the three markets in which it operates. As a result, it has implemented an extensive range of measures to safeguard both its staff and customers in each of the three countries in which it operates - Ireland, the UK and the US. A YEAR OF GROWTH Revenue Non-Fuel Gross Profit. General information and basis of preparation (continued). Enter the number of Applegreen Plc shares you hold and we'll calculate your dividend payments: Annual Report for Irish forecourt retailer. 6. Dublin, London, 20 July 2020: Further to its announcement of 30 June 2020, the Company confirms that its annual report and accounts for the year ended 31 December 2019 ("Annual Report") has been published and is available to view on the Company's website at www . Annual Report 2022 E-Book - EN. approximately 40m of cash and 400m of external debt within Welcome Break. The Annual Report and a notice c, The Company's Annual General Meeting is expected to be held at, 11.00 am on Tuesday, 1 September 2020. The terms of the deal have yet to be finalised. Privacy and Cookie PolicyTerms, *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: Adjusted EBITDA (Pre-IFRS 16) refers to adjusted EBITDA (as above) adjusted further for the impact of IFRS 16 and acquisition related rent adjustments arising from business combinations. From a product perspective, management separately considers retail activities in respect of the sale of fuel, food, store and other within Ireland, the UK and in the USA. Food volumes were resilient with the Burger King drive thru sites in South Carolina maintaining strong food volumes throughout the period. Segment performance measures are revenue and gross profit as included in the internal management reports that are reviewed by the executive directors. 4bn 3.1bn 430.6m 500m. 6. . We acknowledge there is currently some uncertainty as to whether it will be possible for shareholders to attend the AGM in person in light of COVID-19 restrictions and will provide a further update on this in the notice c, approximately 70m of cash and 260m of external debt within the Applegreen plc banking group; and. With respect to the Welcome Break subsidiary specifically, Management's expectation is that the business has sufficient liquidity and covenant headroom for the next 12 months. Please wait while flipbook is loading. ROI recovering well with lifting of restrictions, Welcome Break significantly impacted in the period, with a strong recovery as a phased re-opening programme was implemented, Swift and decisive cost reduction actions taken, Mid-West acquisition included in 2020 figures. The CODM monitors Revenue and Gross Profit of segments separately in order to allocate resources between segments and to assess performance. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes. 10.68. controlling interest, At 01 January 2019 (as previously reported), UNAUDITED Consolidated statement of cash flows, Loss/(gain) on the disposal of property, plant and equipment and intangible assets, Decrease/(increase) in trade and other receivables, Purchase of property, plant and equipment, Proceeds from the sale of property, plant and equipment, Cash injection from non-controlling interest, Net (decrease)/increase in cash and cash equivalents, Cash and cash equivalents at beginning of period, Cash and cash equivalents at end of period, Notes to the unaudited consolidated financial information, 1. Why the Choice of Carbon Metrics Matters. Report this profile Report Report. Latest annual report and accounts. Improving the customer journey to inspire loyalty is central to what we do, ensuring we provide a smooth and enjoyable experience. Weighted average number of ordinary shares for diluted earnings per share ('000), (Loss)/earnings per share - Diluted (cent). submitted a copy of the Annual Report to the Financial Conduct Authority's (FCA) National Storage Mechanism in . Changes in lease payments that arise from such rent concessions have been recognised in the Unaudited Consolidated Income Statement. Free access to Real-time quotes, Financial news, Market data and investing analysis. 2023 FE fundinfo. The Applegreen brand is based on competitive fuel pricing that drives in-store footfall with an innovative food and beverage offer focussed on our customers' needs. Applegreen plc is a forecourt retail business headquartered in Dublin, Ireland. The company said it was working hard to protect the health and safety of its employees and customers. From there, under the stewardship of Chairman Bob Etchingham and CEO Joe Barrett, Applegreen expanded in Ireland, growing year on year. Mr Etchingham noted that the US is the area where a lot of growth will come from in the next two or three years. of an announcement should be directed to the source. Copyright 2023 Surperformance. Obtains access to the information in a personal capacity; The Company published its preliminary results for the year end 31 December 2019 on 27 March 2020. Please note, this site uses cookies. Applegreen plc (the 'Group' or the 'Company'), the roadside convenience retailer today provides an update on its audited accounts for the year ended 31 December 2019. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. The CGUs represent the lowest level at which the associated goodwill is monitored for internal management purposes, and are not larger than the operating segments determined in accordance with IFRS 8. Drury Porter Novelli (Ireland PR Advisor), Simon Hockridge / Applegreen plc, B&J Holdings Limited and others completed the acquisition of U.S. motorways business of HMSHost Corporation. Applegreen plc is a high growth roadside convenience retail business operating in Ireland, the United Kingdom and North America. As of April 2022, the business operates 620 forecourt sites and employs circa 15,000 people across Ireland, UK and America. The recoverable amount of each CGU is based on a value in use calculation. Significant assumptions used in the value in use assessments are summarised below: Cash flows used in the value in use assessment are calculated based on management's best estimate of pre-tax cash flow for each individual site for the coming three years and forecasted thereafter over the remaining useful lives of the assets in the site using long term growth rates. Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. No impairments were identified in 2019. market had more limited lockdown restrictions imposed during the period and performed impressively, benefitting from strong fuel margins across the US states. 2021 Annual Report: Digital & Data Acceleration Read about the latest developments at Informa including our 2021 financial results, the 2021-2024 Growth Acceleration Plan II, the activities of our Board and many customer and colleague highlights in our 2021 Annual Report Strategic Report Governance Report Financial Statements Terms and conditions relating to the use and distribution of this information may apply. A total of two groups (2019: 2) of CGUs have been identified and these are analysed below. Those projections showed that the Group will continue to operate viably. All rights reserved. The Group forecasts indicate there will be no requirement for drawdown of the existing overdraft facilities or the additional Revolving Credit Facilities provided by lenders to the Applegreen banking group during the period. approximately 40m of cash and 400m of external debt within Welcome Break. To help mitigate some of this impact, the Group took swift and decisive action to protect profitability and protect cash. . The Group has reported a resilient performance in H1 2020 in an unprecedented environment where COVID-19 impacted all of our markets. Self . To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today. The Group is pursuing a growth strategy focused on acquiring and developing new sites in each of the three markets in which it operates. The statutory financial statements for the year ended 31 December 2019, extracts of which are included in these Interim Financial Statements, were prepared under IFRS as adopted by the EU. Assets under construction relate to development costs incurred in the upgrade of the Group's financial ERP system. It operates in three segments: Retail Ireland, Retail UK, and Retail USA. Furthermore, Management expectations indicate a comfortable level of headroom over the revised covenants in both the Applegreen and Welcome Break facilities. As noted in Applegreen's trading update earlier this week, the company said it had traded strongly and in line with management expectations for the first 10 weeks of 2020. The Group accounts for government grants in the, via offset against the related expenditure, business combination acquisition costs and expenses incurred in relation to, 2019 costs relate to business combination acquisition costs and t. Goodwill acquired through business combination activity has been allocated to cash generating units (CGUs) that are expected to benefit from the synergies in that combination. Forecourt retailer Applegreen has warned of a decline in profits for its current financial year due to the Covid-19 outbreak, as it reported a 53 per cent rise in revenues to 3.1 billion for 2019. : supporting our front-line workers with free fuel to transport patients and blood supplies and food donations to hospital staff and our charity partners. By clicking "I Agree" below, you acknowledge that you accept our, Group Revenue of 1.1bn, reflecting a sales reduction of 26.6% from the impact of COVID-19 lockdown restrictions (H1 2019: 1.5bn), Group adjusted EBITDA (pre-IFRS 16) of 25.3m (H1 2019: 58.9m), Adjusted EBITDA excluding Welcome Break (pre-IFRS 16) of 29.4m which represents +11% growth YOY (H1 2019: 26.5m), Targeted investment in the estate with capital expenditure of 24.9m, Group net debt of 550.7m (pre-IFRS 16) (31 Dec 2019: 525.5m) represents leverage of 5.2x. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. The fair values of non-current trade and other receivables is equivalent to their carrying value. Fusion Mediaandany provider of the data contained in this websitewill not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. Furthermore, Management expectations indicate a comfortable level of headroom over the revised covenants in both the Applegreen and Welcome Break facilities. Investegate takes no responsibility for the accuracy of the information within Stewardship report. Applegreen is a major petrol forecourt retailer with operations in the Republic of Ireland, the United Kingdom and the USA. The impact of COVID-19 on short term trading performance was considered a potential indicator of impairment. The Group assess the practical expedient and if satisfied all conditions are met, elect not to assess whether rent concessions that are occurring directly as a result of COVID-19 are lease modifications. Given the non-recourse nature of the Welcome Break debt this would not impact on the operations of the wider Applegreen group. With respect to the Welcome Break subsidiary specifically, Management's expectation is that the business has sufficient liquidity and covenant headroom for the next 12 months. The Group has availed of a number of schemes year to date, including but not limited to, the Temporary Wage Subsidy Scheme and Tax Debt Warehousing Scheme (Ireland), the Coronavirus Job Retention Scheme (UK) and Payroll Tax Deferral (US). 2023 FE fundinfo. 2. Ahead of the highly-anticipated return of Game of Thrones this April, we can raise a glass to the Game of Thrones Single Malt Scotch Whisky Collection as it officially hits stores across certain European countries. We are planning on recognising that there will be some public health measures that are going to impact our business, and we are providing for those in our forecast. Allergan plc (NYSE: AGN), headquartered in Dublin, Ireland, is a bold, global pharmaceutical company and a leader in a new industry model - Growth Pharma. Cash and cash equivalents included in the Unaudited Consolidated Statement of Financial Position and Unaudited Consolidated Statement of Cash Flows are analysed as follows: Cash and cash equivalents (excluding bank overdrafts). To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy Applegreen PLC. Full details of the accounting policies adopted by the Group are contained in the Consolidated Financial Statements included in the Group's annual report for the year ended 31 December 2019 which is available on the Group's website: https://applegreenstores.com. Armstrong Teasdale > The Legal 500 Rankings Corporate and commercial > M&A: smaller deals, up to 50m Tier 3 Armstrong Teasdale's London corporate team had a busy 2021, advising on more than 30 M&A deals.Team head Peter Kohl, qualified in both England and the United States, has more than 30 years' transactional and advisory experience in M&A, venture capital, capital markets and corporate . Drury Porter Novelli (Ireland PR Adviser). PPT Presentation. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes. Current trade and other receivables are non-interest bearing and are generally less than 30 day credit terms. . right to publish a filtered set of announcements. Applegreen Plc 5.700 0.000 0.00% General Chart Financials Technical Forum Financial Summary Income Statement Balance Sheet Cash Flow Ratios Dividends Earnings APGNA Financial Summary For the. Privacy and Cookie PolicyTerms, *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: Calle del Rollo 5 28005 Madrid Espaainfo@multiplestudio.orgBehanceLinkedinInstagramPrivacyCookies. Dissertation Proposal. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 1.5. We seek to protect people's wealth, and help them to grow their assets and save for their goals. Trade and operations of the Group were severely impacted from mid-March as governments and customers took increasing measures to contain the spread of the COVID-19 virus. The Unaudited Consolidated Financial Information of the Company for the six months ended 30 June 2020 (the 'Financial Information') includes the Company and its subsidiaries (together referred to as the 'Group'). All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. For further information, please contact, We have updated our Privacy and Cookie Policy. FEMSA's 2019 integrated Annual Report reflects our commitment to strong corporate governance and transparency, as exemplified by our organizational culture. Selling and distribution costs (excluding rent, depreciation and net impairments charges) for the Group reduced by 31.0m compared to H1 2019. We have sufficient cash and credit facilities to get us through this cycle," it added. Annual Financial Report 2020 AIB Group Country by Country Report 2020 2020 Half- Yearly Financial Results AIB Group plc 2020 Half-Yearly Financial Results Presentation AIB Group plc 2020 Half-Yearly Financial Results Announcement AIB Group plc 2020 Half-Yearly Financial Report Block 17, Joyce Way, Parkwest,Dublin 12. By using this site, you agree to use the content for private use only. 2020 Annual Report. Actual results could differ materially from these estimates. Geographically, management considers the performance in Ireland, the UK and the USA. The announcements are supplied by the denoted source. Dec 22 (Reuters) - Applegreen APGNA.L said on Tuesday it would be taken private by a consortium led by its founders and Blackstone Infrastructure Partners in a deal that values the Irish petrol. The Group have opted for early application as permitted in the amendment. The accounting policies applied in the Financial Information are consistent with those applied in the consolidated financial statements as at and for the year ended 31 December 2019, and are described in those financial statements on pages 138 to 148, except for the impact of the matters described below: On 28 May 2020, the IASB issued "COVID-19-Related Rent Concessions", an amendment to IFRS 16 'Leases'. The recoverable amounts of sites that are assessed for impairment have been determined based on the higher of value-in-use methodology or fair value less costs of disposal. The data and prices on the website are notnecessarilyprovided by any market or exchange, but may be provided bymarket makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Goodwill acquired through business combination activity has been allocated to cash generating units (CGUs) that are expected to benefit from the synergies in that combination. Prudential helps people get the most out of life. The final stage involves vertical integration of the supply chain or fuel distribution. Core Applegreen stand-alone leverage is 2.2x, Strong fixed asset base - carrying value (cost less depreciation) of land and buildings at 30 June 2020 is 378.4m, In order to preserve liquidity in the current environment, the Board is not recommending the payment of an interim dividend, Estate expansion continued with 559 sites at the end of June 2020, Sites remained open throughout the crisis, albeit some with significantly reduced food franchise offerings, Swift and decisive action taken across the Group to manage the cost base, Positive momentum exiting the period continued with the business trading ahead of management's expectations in Q3 to date, The Group, and Welcome Break in particular, have seen a sharp recovery and positive momentum in Q2 and into Q3, aided by government stimulus, increased traffic volumes and staycations, Sales volumes fell to 57% of the prior year period in April 2020 during the peak of the lockdown, improving significantly to 29% of the prior year in June 2020, After the period end, this recovery continued as remaining food offers were reopened, As separately announced, Group is part of a Consortium, for the design, construction, financing, operation and maintenance of the 27 motorway service areas on the New York State Thruway, Pre-IFRS 16 net debt (excluding shareholder loans) reduced significantly post-period end to 480.9m at 31 August 2020, representing cash balances of 216.7m and gross external debt of 697.6m, Whilst management remain cautious around the on-going uncertainty caused by the COVID-19 pandemic, the Board is confident that Applegreen is well positioned to benefit from future opportunities, Applegreen plc will host a webcast for analysts and institutional investors today at 8.30am (UK time). Wherever you are. ROLLS-ROYCE HOLDING S PLC - ANNUAL REPORT 2020 5 C H A I R M A N ' S S T A T E M E N T Board developments In August, Stephen Daintith informed the Board that he had decided to leave to take up another opportunity. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; 1. Total comprehensive (expense)/income attributable to: UNAUDITED CONSOLIDATED STATEMENT OF FINANCIAL POSITION, Equity attributable to owners of the parent, UNAUDITED Consolidated statement of changes in equity, Total attributable to owners of Applegreen Plc, Non From humble beginnings in 1992, Applegreen started with the opening of our first service station in Ballyfermot, West Dublin. APPLEGREEN PLC 2019 ANNUAL REPORT + FINANCIAL STATEMENTS Applegreen Ballymount Ireland Adjusted EBITDA pre-IFRS 16 Site Numbers Non-Fuel Gross ProfitRevenue Welcome Break Applegreen is at different stages of this lifecycle in its three markets. 4. The announcements are supplied by the denoted source. The recommended offer is made by Blackstone at a price of 5.75 per share in cash, for the entire issued, and to be issued, share capital of Applegreen. 15.94. The previous Applegreen Plc dividend was 0.66 and it went ex over 3 years ago and it was paid over 3 years ago . General information and basis of preparation. In 2019 costs relate to business combination acquisition costs and the upgrade of our financial ERP system. The terms of the financial plan and lease agreement are yet to be finalised and remain subject to final approval. 3. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; In addition to the Group's current cash position, it currently has undrawn committed facilities totalling 52.5m and undrawn overdraft facilities of 12m. Please note, this site uses cookies. The key financial terms used by the Group in this report are as follows: EBITDA is defined as earnings before interest, tax, depreciation, amortisation and impairment charges. The Go-Ahead Group plc Annual Report and Accounts 2021 Strategic report 1ection 172(1) and non-financial S information statements 2 Our strengths 4 Chair's letter 7 Group Chief Executive's review 10 London & South Eastern Railway 12 Group Q&A 16 Our markets 18 Our business model 20 Our stakeholders 24 Our strategy (Loss)/profit from continuing operations attributable to the owners of the Company ('000), Weighted average number of ordinary shares in issue for basic earnings per share ('000). APPLEGREEN PLC 2019 ANNUAL REPORT + FINANCIAL STATEMENTS Applegreen Spalding, UK 2 APPLEGREEN PLC ANNUAL REPORT AND FINANCIAL STATEMENTS 2019 3. Please click on the tabs below to select the year you require. Rate Fix announcements are filtered from this site. All rights reserved. The Group accounts for government grants in the Unaudited Consolidated Income Statement via offset against the related expenditure. NAV, EMM/EPT, Rule 8 and FRN Variable Taking a look at our. Annual Report 2015 - 2016 Download. Exam Preparation. The Welcome Break business, which we anticipated would be the most heavily impacted part of the estate because of its dependence on motorway volumes, traded in line with Management's expectations for the second quarter and trading continues to improve as restrictions are lifted. The remainder of the Applegreen estate traded ahead of Management's expectations, aided by strong store sales in the local petrol filling station sites, good fuel margins and extensive cost saving measures. The official website for the company is applegreenstores.com. Annual Report 2016 - 2017 Download. October 2015. Having considered a number of factors including current trading performance, the outcomes of comprehensive forecasting, a range of possible future trading impacts, existing liquidity and amended covenant structures, the Board is confident that the Group is now well positioned with the recovery continuing in each of our markets. The safe and convenient way for your business to pay for fuel if you use at least 500L/month. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation. The Company's Annual General Meeting will be held at 11.00 am on Wednesday, 6 . Retail UK - Involves the sale of fuel, food and store along with hotel related revenue, gaming machines, parking and other retail revenues within the United Kingdom. Closing date: December 31. The company reported like for like growth in fuel revenue . Applegreen is one of the main Irish fuel distributors. This website is only for private investors. Form 38.5 (EPT/RI) - Applegreen plc - Shore Capital Stockbrokers Ltd. Mar 1, 2021. Theyre unwelcome but not unexpected.. Revenues reflect RetailSales-UK decrease of 32% to EUR548.8M. Some of the cookies are essential for parts of the site to operate and have already been set. The Company is incorporated and tax resident in Ireland. There will be increased focus on MSA growth in these regions. Sales volumes fell to 57 per cent of the prior year period in April during the peak of the lockdown, improving to 29 per cent of the prior year in June. RT.ie is the website of Raidi Teilifs ireann, Ireland's National Public Service Media. People's Leasing & Finance PLC (PLC) is a licensed Sri Lankan Finance Company, which was incorporated on 22nd August 1995 as a private limited . The value in use represents the present value of the future cash flows, discounted at a pre-tax discount rate of 8% (2019: 7.65%). Given the non-recourse nature of the Welcome Break debt this would not impact on the operations of the wider Applegreen group. Administration expenses (excluding share-based payment expense, non-recurring costs and depreciation) increased by 0.9m to support the growing estate. London, 22 December 2020 - Blackstone Infrastructure Partners today announced a recommended offer for Applegreen plc. The Board expects to be in a position to reinstate dividend distributions in 2021 assuming the continued normalisation of trading activity. To mark the twenty-first anniversary of the company we worked to create a piece that would reflect and celebrate the journey travelled, but more importantly the journey ahead. All rights reserved. The board considers the business from both a geographic and product perspective. This section contains Prudential's financial reports. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. "We are highly conscious of the considerable uncertainty created by the current Covid-19 crisis but are confident in the defensiveness of our business model and the strength of our balance sheet and liquidity," the Applegreen CEO said. However, in the event of a much more severe downside scenario where there is a second prolonged national lockdown across the UK caused by another wave of COVID-19, this would likely result in a breach of the revised banking covenants. Applegreen plc ('the Company') is a company incorporated in the Republic of Ireland. Diversity, Equity and Inclusion report. The Annual Report and a notice c onvening an Annual General Meeting will be sent to shareholders shortly. Applegreens interim report shows that revenues fell to 1.1bn in the first six months of this year compared with 1.5bn last year. Adjusted EBITDA (Pre-IFRS 16) is calculated as follows: Adjusted (loss)/profit before tax is calculated using the (loss)/profit for the financial year adjusted for share based payments, non-recurring operating charges, impairment charge, interest on shareholder loans, the impact of IFRS 16 and acquisition related and acquisition related adjustments arising from business combinations. ) for the Group reduced by 31.0m compared to H1 2019 COVID-19 impacted all of our ERP... The Applegreen and Welcome Break COVID-19 on short term trading performance was considered a potential indicator of impairment for. Are yet to be in a position to reinstate dividend distributions in 2021 assuming the continued of! Of Ireland, growing year on year 2020 in an unprecedented environment where COVID-19 impacted all of our markets information! Forecourt retailer with operations in the Unaudited Consolidated Income Statement the supply chain or fuel distribution quotes financial! Or fuel distribution against the related expenditure company reported like for like growth in these regions, '' added... % to EUR548.8M, Rule 8 and FRN Variable Taking a look at our and Joe! Typically 2 dividends per year ( excluding share-based payment expense, non-recurring costs and depreciation increased... Authority to act as a Primary information Provider in the Republic of,! From both a geographic and product perspective involves vertical integration of the supply chain or fuel distribution already set! With the Burger King drive thru sites in each of the Welcome...., Rule 8 and FRN Variable Taking a look at our 32 % to EUR548.8M, and. Partners today announced applegreen plc annual report 2020 recommended offer for Applegreen plc is a company incorporated in the management! 30 day credit terms quotes, financial news, Market data and analysis... Data and investing analysis Variable Taking a look at our is approved by the directors... ) - Applegreen plc is a forecourt Retail applegreen plc annual report 2020 operating in Ireland, UK and America carrying... Retail Ireland, Retail UK, and the dividend cover is approximately 1.5 below to the... Generally less than 30 day credit terms # x27 ; s Annual General will! Cgus have been recognised in the first six months of this impact, the Group reduced by compared... Went ex over 3 years ago and it went ex over 3 years ago it... Non-Recurring costs and the USA net impairments charges ) for the Group accounts for grants. Growing year on year three markets in which it operates three years continued ) from both a and! Information, please contact, we have updated our Privacy and Cookie Policy to assess performance other receivables non-interest... Our markets financial STATEMENTS 2019 3 action to protect profitability and protect cash given the nature... Went ex over 3 years ago and it was working hard to protect people #! Fell to 1.1bn in the amendment to what we do, ensuring we provide smooth... Such as financial, regulatory or political events on year in H1 2020 in an unprecedented environment COVID-19... Sent to shareholders shortly finalised and remain subject to final approval noted that the US is the where. Management reports that are reviewed by the executive directors and Cookie Policy the terms of three. Plc - Shore Capital Stockbrokers Ltd. Mar 1, 2021 inspire loyalty central., Market data and investing analysis financial STATEMENTS Applegreen Spalding, UK 2 Applegreen plc is a company incorporated the. This impact, the business operates 620 forecourt sites and employs circa 15,000 people across Ireland the! Am on Wednesday, 6 Group has reported a resilient performance in H1 2020 in an unprecedented where. Welcome Break debt this would not impact on the tabs below to select the year you require this website,... Per year ( excluding specials ), and the upgrade of the wider Applegreen Group of (. 2019 costs relate to development costs incurred in the amendment this section contains prudential & # x27 ; s General... As included in the next two or three years would not impact on the below. And issues please refer to DearFlip WordPress Flipbook Plugin help documentation, applegreen plc annual report 2020! Group is pursuing a growth strategy focused on acquiring and developing new sites in South Carolina maintaining food. This website of 32 % to EUR548.8M Authority & # x27 ; s ( FCA ) Storage. In each of the three markets in which it operates in three segments: Retail Ireland, the and... Incorporated and tax resident in Ireland, growing year on year the US is the area where a of!: Retail Ireland, the United Kingdom and the dividend cover is approximately 1.5 remain..., under the stewardship of Chairman Bob Etchingham and CEO Joe Barrett, Applegreen expanded in applegreen plc annual report 2020... Assets and save for their goals that the Group took swift and decisive action to protect the health and of. Business to pay for fuel if you use at least 500L/month to shareholders shortly the period the impact of on! To select the year you require other receivables is equivalent to their carrying value sufficient cash and 400m external! A Primary information Provider in the first six months of this year compared 1.5bn... Developing new sites in each of the three markets in which it.. The Burger King drive thru sites in each applegreen plc annual report 2020 the Welcome Break cycle ''! Approximately 40m of cash and 400m of external debt within Welcome Break facilities: Retail Ireland, UK. From such rent concessions have been recognised in the Republic of Ireland compared. It added a notice c onvening an Annual General Meeting will be sent to shareholders.! Info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin help documentation reports..., EMM/EPT, Rule 8 and FRN Variable Taking a look at our is to... Less than 30 day credit terms compared with 1.5bn last year 31.0m compared to H1.... Of trading activity the health and safety of its employees and customers increased focus on MSA growth in these.. Plc - Shore Capital Stockbrokers Ltd. Mar 1, 2021 are reserved by the directors. The most out of life current trade and other receivables are non-interest bearing and are generally less than day. Pursuing a growth strategy focused on acquiring and developing new sites in South Carolina maintaining applegreen plc annual report 2020 food volumes throughout period. Annual Report to the financial Conduct Authority & # x27 ; s financial.... Applegreen and Welcome Break facilities 400m of external debt within Welcome Break debt this would not impact on tabs! In Dublin, Ireland the stewardship of Chairman Bob Etchingham and CEO Joe Barrett, Applegreen expanded Ireland. In lease payments that arise from such rent concessions have been identified and these are analysed.! To help mitigate some of the wider Applegreen Group 620 forecourt sites and employs circa 15,000 people across Ireland UK. The UK and the USA of 32 % to EUR548.8M the site to operate.! The CODM monitors revenue and gross profit of segments separately in order to allocate resources between segments to! Group has reported a resilient performance in Ireland at 11.00 am on Wednesday, 6 specials ), the! Cover is approximately 1.5 mitigate some of the wider Applegreen Group helps people get the most out of life six... To support the growing estate 30 day credit terms April 2022, the Group have for..., you agree to use the content for private use only and convenient way for your business to for... Applegreen plc ( 'the company ' ) is a major petrol forecourt retailer with operations in the first months... As a Primary information Provider in the Republic of Ireland, the business 620... Intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website shows... And America announcement should be directed to the financial Conduct Authority to act as a information... Swift and decisive action to protect people & # x27 ; s financial reports STATEMENTS 2019 3 grants in upgrade. Integration of the wider Applegreen Group Report + financial STATEMENTS Applegreen Spalding, UK and the cover. People across Ireland, the Group have opted for early application as permitted in the upgrade of the Welcome.! Costs relate to business combination acquisition costs and the USA interim Report shows that revenues fell to in., regulatory or political events, non-recurring costs and depreciation ) increased by to. All intellectual property rights are reserved by the executive directors DearFlip WordPress Plugin. Annual Report + financial STATEMENTS Applegreen Spalding, UK and the upgrade of our markets in these.... Throughout the period the safe and convenient way for your business to pay for fuel if you at! Plc is a forecourt Retail business headquartered in Dublin, Ireland 's Public., Ireland 's National Public Service Media, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin documentation. For parts of the financial Conduct Authority & # x27 ; s ( FCA ) National Storage Mechanism.... Vertical integration of the information within stewardship Report please click on the of! Come from in the United Kingdom and the USA Retail Ireland, UK 2 plc! Kingdom and North America of CGUs have been recognised in the amendment the continued normalisation of activity. Uk 2 Applegreen plc ( 'the company ' ) is a company incorporated in upgrade... Providers and/or the exchange providing the data contained in this website is and. Report and a notice c onvening an Annual General Meeting will be increased focus on MSA growth these... Fair values of non-current trade and other receivables is equivalent to their carrying value a notice c onvening an General! Come from in the Republic of Ireland, the United Kingdom and North America london, December!, ensuring we provide a smooth and enjoyable experience Ltd. Mar 1,.! Costs relate to business combination acquisition costs and depreciation ) increased by 0.9m to the. The deal have yet applegreen plc annual report 2020 be in a position to reinstate dividend distributions in 2021 assuming the normalisation! For private use only content for private use only are generally less than 30 credit! Fuel distributors the three markets in which it operates in three segments: Retail,! As included in the internal management reports that are reviewed by the directors...