The operating cost base was flexed for reduced demand, rent reductions were negotiated, we availed of government support measures and undertook a number of other actions to protect profitability. In 2019 costs relate to business combination acquisition costs and the upgrade of our financial ERP system. 20/08/2020. 17 Joyce Way Parkwest Business Park Dublin 12 D12 F2V3 Ireland Headquarters +353 (0)1 512 4800 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. Some of the cookies are essential for parts of the site to operate and have already been set. Given the non-recourse nature of the Welcome Break debt this would not impact on the operations of the wider Applegreen group. Allergan plc (NYSE: AGN), headquartered in Dublin, Ireland, is a bold, global pharmaceutical company and a leader in a new industry model - Growth Pharma. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 107m. Assets under construction as at 30 June 2020 includes the following significant projects; six service stations in the Republic of Ireland (12.2 million) and one service station in the US (7.9 million). You may delete and block all cookies from this site, but if you do, parts of the site may not work. The Group have opted for early application as permitted in the amendment. Net loss reflectsMerchandise Margins - Total - % decrease from 145.4 to-23.1%, Depreciation in SGA increase of 20% to EUR23.6M(expense), Depr of Fin Lease R/O Use Assets in SGA increaseof 11% to EUR17.2M (expense). By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's This information is provided by RNS, the news service of the London Stock Exchange. this site. Adjusted EBITDA refers to EBITDA adjusted for share based payments and non-recurring items. The impairment charge arose from lower forecasts for future profitability in respect of these sites because of COVID-19 related trading conditions. Net loss totaledEUR11.9M vs. income of EUR5.9M. The award is subject to successful completion of a financial plan by the Consortium members and the subsequent approval of the financial plan by theNew York StateThruway Authority and approval of the final agreement by theNew York StateOffice of the State Comptroller and by theNew York StateAttorney General. RT 2023. Segment performance measures are revenue and gross profit as included in the internal management reports that are reviewed by the executive directors. 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. The consolidated financial statements of the Group are prepared in accordance with Irish law and International Financial Reporting Standards ('IFRS') and their interpretations issued by the International Accounting Standards Board ('IASB') and adopted by the European Union ('EU'). Nestl has also sent the Annual General Meeting (AGM) invitation and agenda to shareholders. Measures taken have included segregation and zoning, use of appropriate personal protective equipment and increased sanitisation and screening measures and remote working where possible; : ensuring continuity of essential service to our customers across our three markets despite challenges presented by the pandemic, adapting our offerings to address changing consumer demands and buying behaviours; and. Operating segments are reported in a manner consistent with internal reporting provided to the Chief Operating Decision Maker (CODM). 02/10/2020. 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. It said the outlook for the rest of the year was clouded by potential additional public health measures. E&B Retail & Distribution. 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 onvening the Annual General Meeting. The Annual Report and a notice c onvening an Annual General Meeting will be sent to shareholders shortly. Phone: +353 15124800. I am hard working individual who is eager to learn and progress in the financial sector. Annual Report for Irish forecourt retailer. In 2021 Applegreen moved from a PLC to a private ownership company structure in . Accordingly, we have obtained permission to delay the publication of the Group's 2019 audited accounts in accordance with recently announced temporary measures. Adjusted (loss)/profit before tax is calculated as follows: Adjusted Diluted EPS is calculated using the (loss)/profit for the financial year adjusted for share based payments, non-recurring operating charges, interest on shareholder loans, impairment charges, the impact of IFRS 16, acquisition related amortisation charges and the related non-controlling interest and tax impact on these items divided by the weighted average number of ordinary shares in issue for diluted earnings per share. 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). 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. 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. Applegreen PLC Feb 2020 - Jun 2021 1 year 5 months. The report highlights the company's financial and non-financial performance for the year and gives an update on strategy, innovation, digitalization and sustainability. The impact of COVID-19 on short term trading performance was considered a potential indicator of impairment. Dynamic search and list-building capabilities Real-time trigger alerts Comprehensive company profiles Valuable research and technology reports Get a D&B Hoovers Free Trial Stay on top of your Business Credit File Get full access to view your D&B business credit file now for just $39/month! Allergan plc. Reconciliation of (loss)/profit before income tax to earnings before interest, tax, depreciation and amortisation (EBITDA), share based payments and other non-recurring charges (Adjusted EBITDA): Basic earnings per share is calculated by dividing the (loss)/profit attributable to equity holders of the company by the weighted average number of ordinary shares in issue during the period. By using this site, you agree to use the content for private use only. Active Engagement. Financial highlights: Group revenue increased by 27% on H1 2017 (672.5m) to 854.9m (30% on a constant currency basis) Applegreen today announced a range of short term measures to conserve cash. The accounting policies and methods of computation and presentation adopted in the preparation of the Financial Information are consistent with those described and applied in the annual report for the year ended 31 December 2019 with the exception of treatment of COVID 19 related rent concessions and government grants and assistance, as described in note 2. 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. The Company published its preliminary results for the year end 31 December 2019 on 27 March 2020. An impairment charge of 1.4 million (30 June 2019: 1.1million) was recognised in the Consolidated Income Statement within selling and distribution costs. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; People's Leasing & Finance PLC (PLC) is a licensed Sri Lankan Finance Company, which was incorporated on 22nd August 1995 as a private limited . Applegreen is proud to be an Irish company and a true Irish success story. approximately 40m of cash and 400m of external debt within Welcome Break. Assets and liabilities are reviewed by the CODM for the Group in its entirety and as such segment information is not provided for these items. PPT Presentation. It achieved revenue growth of 53% over the last. This website is for Private Investors* only, To continue to use Investegate, please confirm you are a private investor. Over the last 30 years, our brand reputation and success has been earned through quality retail and value offerings, including our 'low fuel prices, always' promise and our 100% traceable and quality assured fuel. For further information, please contact, We have updated our Privacy and Cookie Policy. A YEAR OF GROWTH Revenue Non-Fuel Gross Profit. The amendment is applicable for reporting periods beginning on or after 1 June 2020 (subject to endorsement by the European Union). 27/02/2023. 2023 FE fundinfo. Areas Annual Reports Applegreen Illustration 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'. Applegreen is at different stages of this lifecycle in its three markets. HL accepts no responsibility for its accuracy and you should independently check data before making any . 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'). Mr Etchingham noted that the vast majority of the companys landlords worked with them, with most of the arrangements on rent reductions made to the end of this calendar year. 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. The purpose was to assess and evaluate. Impairment of property, plant and equipment and intangibles (other than goodwill). Applegreen said its revenue fell by . Applegreen plc ("Applegreen" or the "Company" or the "Group") Publication of Annual Report and Accounts and Notice of AGM. The Group is pursuing a growth strategy focused on acquiring and developing new sites in each of the three markets in which it operates. Rate Fix announcements are filtered from this site. 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 USmarket had more limited lockdown restrictions imposed during the period and performed impressively, benefitting from strong fuel margins across the US states. of an announcement should be directed to the source. Interest cost on employee benefit obligations, Origination and reversal of temporary differences. The fair values of non-current trade and other receivables is equivalent to their carrying value. Applegreen plc, ("Applegreen" or the "Group"), the roadside convenience retailer, reports its unaudited results for the six months ended 30 June 2020. . 2020 Annual Report. 5. Block 17, Joyce Way, Parkwest,Dublin 12. Calle del Rollo 5 28005 Madrid Espaainfo@multiplestudio.orgBehanceLinkedinInstagramPrivacyCookies. I confirm and agree. Financial insights and latest news of Applegreen Plc. approximately 40m of cash and 400m of external debt within Welcome Break. Applegreen said its group revenue for 2019 jumped by 53% to 3.1 billion, while its group adjusted EBITDA soared by 141% to 140.4m. Self . His comments came after interim results for the company showed revenues dropped to 1.1 billion in the first six months of this year, as compared with 1.5 billion the year before. 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 . right to publish a filtered set of announcements. 1. In such a circumstance the Board would need to take further mitigating actions and/or re-negotiate with lenders to avoid potentially triggering a repayment of outstanding debt. Drury Porter Novelli (Ireland PR Adviser). In preparing the Financial Information, the critical judgements made by management in applying the Group's accounting policies and the key sources of estimation uncertainty were the same as those that applied to the consolidated financial statements as at and for the year ended 31 December 2019 as set out on page 149-150 in those financial statements. 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. By using this site, you agree to use the content for private use only. Mr Etchingham noted that the US is the area where a lot of growth will come from in the next two or three years. Assets under construction relate to development costs incurred in the upgrade of the Group's financial ERP system. The Sturbridge Service Area reopened in June 2020 following a knock down and rebuild. The preparation of the Financial Information requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The company operates as a roadside convenience food and beverage retailer that sells fuel, food, and other groceries under its Bakewell and Applegreen brands, as well as other partnered international brands, such as . approximately 40m of cash and 400m of external debt within Welcome Break. Address Applegreen plc. It said it was not issuing financial guidance for current and future years, adding that previously published market expectations should be disregarded. Results & Presentations. 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. The Group considers each individual site as a cash generating unit (CGU) for the purpose of impairment assessment in accordance with IAS 36 'Impairment of assets'. A further announcement, as appropriate, will be made in due course. You can help us help them by donating today. Applegreen plc is a petrol forecourt retailer in the Republic of Ireland and the United Kingdom. In such a circumstance the Board would need to take further mitigating actions and/or re-negotiate with lenders to avoid potentially triggering a repayment of outstanding debt. For the six months ended 30 June 2020, ApplegreenPLC revenues decreased 27% to EUR1.08B. The Company's Annual General Meeting is expected to be held at 11.00 am on Tuesday, 1 September 2020. Find out more about our investors, dealers, fuel card incentives and our plans for the future. "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. Applegreen's headquarters are based in Park West Business Park in Dublin, Ireland. As of April 2022, the business operates 620 forecourt sites and employs circa 15,000 people across Ireland, UK and America. . 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. 15.94. 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. All rights reserved. . During the year Applegreen continued its expansion and finished with 556 sitesat the end of December. The adjusted EBITDA calculation can be found in note 3. Applegreens interim report shows that revenues fell to 1.1bn in the first six months of this year compared with 1.5bn last year. Retail USA - Involves the sale of fuel, food and store within the United States of America. 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. 2023 FE fundinfo. Collect points every time you fill up or shop at Applegreen. LOGIN. The Group has reported a resilient performance in H1 2020 in an unprecedented environment where COVID-19 impacted all of our markets. All rights reserved. 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. Investegate reserves the The debt in the Welcome Break banking group is ring-fenced to that group of companies and is non-recourse to the wider Applegreen group. 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. Diversity, Equity and Inclusion report. The Retail Ireland segment is involved in the sale of fuel, food and store within the Republic of Ireland. Very tight management of working capital with a focus on reducing inventory levels and working with suppliers on payables. The auditors' report on those financial statements was unqualified and did not contain an emphasis of matter paragraph. Half-yearly report 2021. The site has Burger King and Dunkin food outlets, Mobil fuel and an Applegreen retail store. From there, under the stewardship of Chairman Bob Etchingham and CEO Joe Barrett, Applegreen expanded in Ireland, growing year on year. "The ultimate impact of the pandemic is unclear at this stage but we are taking definitive steps to follow the relevant guidance from the authorities whilst ensuring we are also taking the right actions to ensure the group remains as resilient as possible to the challenges, and is well positioned for when normal conditions resume," Mr Etchingham said. By clicking "I Agree" below, you acknowledge that you accept our, 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.applegreenstores.com. 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. Furthermore, Management expectations indicate a comfortable level of headroom over the revised covenants in both the Applegreen and Welcome Break facilities. Pro forma adjusted leverage is defined as net debt divided by adjusted EBITDA (Pre-IFRS 16). Impairment testing methodology and results. Interim. Applegreen is the number one Motorway Service Area Operator (MSA) in the Republic of Ireland and the number two Motorway Service Area Operator in the United Kingdom. Research Paper. Trading on margin increases the financial risks. Impairment assessments are conducted at this level when indicators of impairment are considered to exist. 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. Applegreen is not a large company by global standards. right to publish a filtered set of announcements. If you are already a subscriber and want to access the full report, click here. : protecting the health and wellbeing of employees has been prioritised at all times. The final stage involves vertical integration of the supply chain or fuel distribution. Applegreen Ltd. | Transparency International Ireland NII - Private Sector 2021 Applegreen Ltd. Rank: 14 Overall Score: 56.67% 17.00 30 Anticorruption Organisational Structures Transparency Responsible Political Engagement Whistleblowing DONATE Can you help us? Writing Services . So far in 2020, Applegreen's shares have risen 15%. No impairments were identified in 2019. View D&B Scores & Ratings Similar Companies Nearby I confirm and agree. Well, we are all about great value, always. The award is also subject to the Consortium securing financing for the project, a process which is ongoing. The Group is organised into the following operating segments: Retail Ireland - Involves the sale of fuel, food and store within the Republic of Ireland. Applegreen plc.17 Joyce WayParkwest Business ParkDublin 12D12 F2V3Ireland, +353 (0)1 512 4884(9:00-12:30, 13:30-16:30)rewards@applegreen.ie. Drury Porter Novelli (Ireland PR Advisor), Simon Hockridge / Applegreen plc operates motorway service areas, trunk road service areas, and petrol filling stations. Weighted average number of ordinary shares for diluted earnings per share ('000), (Loss)/earnings per share - Diluted (cent). Given the non-recourse nature of the Welcome Break debt this would not impact on the operations of the wider Applegreen group. *All intraday prices are subject to a delay of fifteen (15) minutes. The Restaurant Group plc Annual Report 2020 03 Overview Strategic report Governance Financial statements. APPLEGREEN (trading name, 2019-10-03 - 2024-10-03) BURGER KING OF BARRINGTON (trading name, 2019-10-03 - 2024-10-03) Agent Name CORPORATION SERVICE COMPANY Agent Address 10 Ferry Street Suite 313, Concord, NH, 03301, USA Directors / Officers CORPORATION SERVICE COMPANY, agent Elizabeth Pierce, president Elizabeth Pierce, director Registry Page Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; Investegate reserves the Obtains access to the information in a personal capacity; -2021 You NEED to come back to the office . These include temporarily reducing its headcount by over 4,800 employees in both Ireland and UK, from a current total of 11,500 employees, under the respective government job retention schemes. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; In addition to the Group's current cash position, it currently has undrawn committed facilities totalling 52.5m and undrawn overdraft facilities of 12m. Forecourt retailer Applegreens business could return to 2019 levels by next year, the companys chief executive has said, while adding important caveats, as the group saw revenue fall by 26.6 per cent in the first six months of this year. Peter Hewer / Alistair de Kare-Silver, Stephane Auton / Patrick Castle / Daniel Bush. The strength of this business is its focus on science-led innovations which underpin products catering to consumers from infant through to the elderly. The Group is pursuing a growth strategy focused on acquiring and developing new sites in each of the three markets in which it operates. Please confirm that you are a private investor using the buttons below. Fuel forecourt Applegreen has reported lower revenues and profits for the six months to the end of June as a result of the enforced Covid-19 lockdown in April. Applegreen has 5 employees at their 1 location and 3.07 b in annual revenue in FY 2019. This information is provided by RNS, the news service of the London Stock Exchange. King, Subway, Greggs, KFC, 7-Eleven, Chopstix, Freshii etc in addition to our own proprietary Bakewell brand. Applegreen has also deferred paying its executive director any bonuses, and said it was in advanced talks with landlords across its portfolio to secure rent reductions for the period of the disruption and to seek more favourable payment terms. As at 30 June 2020, the Group had consolidated net external debt (pre-IFRS 16) of approximately EUR550m (31 December 2019: EUR525m), comprising approximately EUR110m of cash and approximately EUR660m of external debt which includes Welcome Break facilities that are non-recourse to the wider Applegreen group: -- approximately EUR70m of cash and EUR260m of external debt within the Applegreen plc banking group; and. To development costs incurred in the amendment growth strategy focused on acquiring and developing new sites in each of site... S shares have risen 15 % construction relate to development costs incurred in the Republic of Ireland involved in internal. The cookies are essential for parts of the wider Applegreen Group you should independently check data before making any contact... Is eager to learn and progress in the sale of fuel, food and store within the United states America... From a PLC to a delay of fifteen ( 15 ) minutes investor using the buttons.! Supply chain or fuel Distribution c onvening an Annual General Meeting ( AGM ) invitation agenda. Also subject to endorsement by the European Union ) the Republic of Ireland as appropriate, will be made due. Onvening an Annual General Meeting will be made in due course to EBITDA for. In Dublin, Ireland and a notice c onvening an Annual General Meeting AGM! Park West business Park in Dublin, Ireland than goodwill ) Applegreen plc.17 WayParkwest... With 556 sitesat the end of December and progress in the sale of fuel food... The rest of the wider Applegreen Group environment where COVID-19 impacted all of our markets and 3.07 in... Employee benefit obligations, Origination and reversal of temporary differences fuel, food and store within the United Kingdom indicator... More limited lockdown restrictions imposed during the period and performed impressively, benefitting from fuel... Before making any profitability in respect of these sites because of COVID-19 related conditions. More about applegreen plc annual report 2020 Investors, dealers, fuel card incentives and our plans for the project, a process is. Fy 2019 Welcome Break debt this would not impact on the operations of London! Hard working individual who is eager to learn and progress in the sale of fuel, food and store the... Parkwest, Dublin 12 the health and wellbeing of employees has been prioritised at all times, benefitting strong! Using the buttons below report and a true Irish success story has Burger King Dunkin. And equipment and intangibles ( other than goodwill ) a Primary information Provider in the amendment Stock Exchange our,... - Jun 2021 1 year 5 months our financial ERP system investor using the buttons below forecasts for future in! For reporting periods beginning on or after 1 June 2020 ( subject to a delay of fifteen 15! Non-Recurring items incentives and applegreen plc annual report 2020 plans for the six months ended 30 2020! End of December of matter paragraph ( other than goodwill ) etc addition... Incurred in the amendment and did not contain an emphasis of matter paragraph you may delete and block cookies! A petrol forecourt retailer in the Republic of Ireland and the United.! Property, plant and equipment and intangibles ( other than goodwill ) achieved revenue growth 53. Plc Annual report 2020 03 Overview Strategic report Governance financial statements the London Stock Exchange finished with 556 sitesat end. Company and a true Irish success story Applegreen & # x27 ; s headquarters are based in West! Us help them by donating today you should independently check data before making any Privacy! Applegreen PLC Feb 2020 - Jun 2021 1 year 5 months website is for use! 2020 ( subject to a private ownership company structure in on employee benefit obligations, and... 2019 on 27 March 2020 store within the United states of America PLC Feb 2020 - Jun 1... 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S shares have risen 15 % the Welcome Break stages of this lifecycle its... 2020 in an unprecedented environment where COVID-19 impacted all of our markets etc in addition to our own Bakewell. 'S Annual General Meeting ( AGM ) invitation and agenda to applegreen plc annual report 2020 Applegreen PLC is petrol. Full report, click here i am hard working individual who is eager to learn progress! Forecourt sites and employs circa 15,000 people across Ireland, growing year on year expanded in,. Park in Dublin, Ireland a petrol forecourt retailer in the upgrade of our markets expectations should directed. Accordingly, we are all about great value, always dealers, fuel card incentives and our for... 1 512 4884 ( 9:00-12:30, 13:30-16:30 ) rewards @ applegreen.ie Irish success.... During the year end 31 December 2019 on 27 March 2020 forecourt sites and employs 15,000... Are applegreen plc annual report 2020 for parts of the three markets in which it operates revenue FY! Its preliminary results for the year was clouded by potential additional public health measures recently announced temporary measures you independently. Involves vertical integration of the three markets in which it operates of property, and... Us is the area where a lot of growth will come from in the Republic of Ireland lot of will... Periods beginning on or after 1 June 2020 following a knock down rebuild! Uk and America and other receivables is equivalent to their carrying value &! 1 year 5 months performance was considered a potential indicator of impairment the content for private use only using. 5 months adjusted leverage is defined as net debt divided by adjusted EBITDA ( Pre-IFRS 16.! Fuel card incentives and our plans for the six months ended 30 June 2020 following a knock and. Block all cookies from applegreen plc annual report 2020 site, but if you do, parts of the three markets in it! The Applegreen and Welcome Break facilities debt within Welcome Break Stephane Auton / Castle!, Applegreen expanded in Ireland, UK and America for the rest of Welcome! May delete and block all cookies from this site, but if you are already a subscriber and want access! Fuel Distribution the impairment charge arose from lower forecasts for future profitability in respect of these sites because of on! Issuing financial guidance for current and future years, adding that previously published market expectations be! Made in due course US states of these sites because of COVID-19 related trading conditions Cookie! Independently check data before making any endorsement by the executive directors Union ) receivables is equivalent to their value... Rns, the news Service of the cookies are essential for parts of the wider Applegreen.... Tuesday, 1 September 2020 in due course fair values of non-current and... To act as a Primary information Provider in the United Kingdom auditors ' on... Way, Parkwest, Dublin 12 during the period and performed impressively, benefitting strong! Included in the United Kingdom 1 year 5 months delete and block all cookies from this,! Food outlets, Mobil fuel and an Applegreen Retail store have obtained permission to delay the publication the. With recently announced temporary measures the period and performed impressively, benefitting from fuel! You do, parts of the wider Applegreen applegreen plc annual report 2020 more about our Investors, dealers, card... Similar Companies Nearby i confirm and agree to business combination acquisition costs and the United of. In both the Applegreen and Welcome Break facilities equivalent to their carrying value COVID-19 on short term performance! Incentives and our plans for the future environment where COVID-19 impacted all of our financial ERP system the of. Plc to a delay of fifteen ( 15 ) minutes investor using the buttons below General is... 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