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Welcome Break blames Brexit for ‘challenging trading conditions’

by LLB Reporter
5th Jun 19 10:01 am

The owner of the motorway service chain Welcome Break, Applegreen has blamed Brexit for poor performance.

The company owns service and petrol stations in Ireleand and 7-Eleven store in America are to divulge the business issues at the annual general meeting on Wednesday in Dublin.

Chairman Daniel Kitchen is expected to tell his investors, “We are pleased with the performance of the business in Ireland, where trading conditions remain good.

“In the UK, the performance of Welcome Break has been satisfactory despite more challenging trading conditions in 2019 as ongoing uncertainty surrounding Brexit has impacted on consumer sentiment.”

Kitchen is also expected to tell shareholders, “Trading for the overall group has been in line with expectations for the first five months of 2019.

“The legacy Applegreen business is performing strongly year on year, notwithstanding prior year comparators were negatively impacted by adverse weather events.”

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