Agricultural services business Kaap Agri still hopes to double the size of its lower-margin fuel retailing business in the medium term — but with markedly improved returns on invested capital.
Speaking after the release of full-year results to end-September on Thursday, Kaap Agri CEO Sean Walsh said a five-year plan to grow the fuel business — held under The Fuel Company — would involve a concerted plan to improve the return threshold for fuel retailing sites...