Kaap Agri aims to double margins of fuel business in next five years

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United Kingdom News News

Kaap Agri reported a marked curbing of fuel sales in the trading period with the lockdown-related reduction in travel and road transport 🔒

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...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines