The Annual Report and a notice c onvening an Annual General Meeting will be sent to shareholders shortly. 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. 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. 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. 2 October 2015. We seek to protect people's wealth, and help them to grow their assets and save for their goals. It achieved revenue growth of 53% over the last. this site. (1) Non recurring charges in 2020 include costs that relate to business combination acquisition costs and expenses incurred in relation to COVID-19. The audit process for these results, and in particular the audit of the Welcome Break business, has been delayed by the impact of COVID-19 and it is now expected that the audited accounts will be published shortly during the course of July. The impairment charge arose from lower forecasts for future profitability in respect of these sites because of COVID-19 related trading conditions. 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 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. 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. A YEAR OF GROWTH Revenue Non-Fuel Gross Profit. (Loss)/profit before tax is stated after charging/(crediting): Depreciation of property, plant and equipment. Date of the Last Annual General Meeting: September 1, 2020. Financial highlights: Group revenue increased by 27% on H1 2017 (672.5m) to 854.9m (30% on a constant currency basis) You may delete and block all cookies from this site, but if you do, parts of the site may not work. Government grants represent the transfers of resources to the Group from governments in the key trading regions in which it operates, on condition that certain criteria relating to the Group's operating activities are met. Self . The financial information in this report has been prepared in accordance with the Group's accounting policies. Autogrill S p A : Sells US Motorways Business To Blackstone Infrastructure-Led Consortium. 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 The company can be reached via phone at +353-1-5124800. Applegreen is proud to be an Irish company and a true Irish success story. The award is also subject to the Consortium securing financing for the project, a process which is ongoing. 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. 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. 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%). He added, however, that "everything you say has to come with a health warning". 4bn 3.1bn 430.6m 500m. 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 said its revenue fell by . There will be increased focus on MSA growth in these regions. An impairment charge of 1.4 million (30 June 2019: 1.1million) was recognised in the Consolidated Income Statement within selling and distribution costs. Adjusted profit after tax and non-controlling interest. Actual results could differ materially from these estimates. People's Leasing & Finance PLC (PLC) is a licensed Sri Lankan Finance Company, which was incorporated on 22nd August 1995 as a private limited . Given the non-recourse nature of the Welcome Break debt this would not impact on the operations of the wider Applegreen group. Sustainability and TCFD report. Writing Services . Coursework. 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. The Group is pursuing a growth strategy focused on acquiring and developing new sites in each of the three markets in which it operates. Distributed by Public, unedited and unaltered, on 30 June 2020 09:43:07 UTC. Stewardship report. Some of the cookies are essential for parts of the site to operate and have already been set. Cash flows used in the value in use assessment are calculated based on management's best estimate of pre-tax cash flow for the CGU for the coming three years and forecasted thereafter over the remaining useful life of the assets in the CGU using a long-term growth rate of 2%. Financial insights and latest news of Applegreen Plc. 1. The Group operates a number of service station sites in Ireland, the UK and the USA. Enter the number of Applegreen Plc shares you hold and we'll calculate your dividend payments: Prudential helps people get the most out of life. 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. Finance providers were engaged at an early stage to ensure there was sufficient covenant flexibility and access to additional borrowing facilities. The Interim Financial Information does not constitute statutory financial statements. NAV, EMM/EPT, Rule 8 and FRN Variable Applegreen Barrington, USA 21ANNUAL REPORT AND FINANCIAL STATEMENTS 2019 STRATEGIC REPORT 20 APPLEGREEN PLC OUR BUSINESS MODEL 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. Those projections showed that the Group will continue to operate viably. 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 But it cautioned that it expects a material reduction in profitability for the current financial year due to the outbreak of Covid-19. 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. Man Group PLC : Form 8.3 . The adjusted EBITDA calculation can be found in note 3. Geographically, management considers the performance in Ireland, the UK and the USA. Applegreen plc ('the Company') is a company incorporated in the Republic of Ireland. Changes in lease payments that arise from such rent concessions have been recognised in the Unaudited Consolidated Income Statement. Whilst the business has shown a strong recovery, the Board is conscious of the need to preserve cash and has not proposed an interim dividend payment for 2020. So far in 2020, Applegreen's shares have risen 15%. Operating segments are reported in a manner consistent with internal reporting provided to the Chief Operating Decision Maker (CODM). . Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers. 1. 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. We have now established a large Petrol Filling Station (PFS) footprint in the US and our aim is to expand our presence as a recognised operator of large Service Area sites on strategic road networks in that market. Please confirm that you are a private investor using the buttons below. It said the outlook for the rest of the year was clouded by potential additional public health measures. 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. Shares in the Applegreen were up 3.0% at 520.00 pence on Tuesday in London. Taking a look at our. Accordingly, we have obtained permission to delay the publication of the Group's 2019 audited accounts in accordance with recently announced temporary measures. The growth rate used does not exceed the long-term average growth rate in the United Kingdom, the country in which both CGUs operate. Closing date: December 31. Reports archive 2021 Annual Report 2021 Annual Report 2021 PDF 10.4MB 2020 Annual Report Annual Report PDF 4.1MB 2019 Annual Report Annual Report PDF 4.5MB 2018 Annual Report Annual Report PDF 4.9MB Strategic Report This section contains Prudential's financial reports. 3. Dublin, London, 4 May 2018: The Company announces that its annual report and accounts for the year ended 31 December 2017 and a notice convening an Annual General Meeting will be available to view later today on the Company's website at www.applegreenstores.com. 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 rns@lseg.com or visit www.rns.com. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds; 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. Half-yearly report 2021. 6. Open all FINANCIAL PERFORMANCE Billings 46.9bn (2019: 53.1bn) Revenue Currency in EUR. Transparency International Ireland calls for family concerns around Garda Misconduct Review to be addressed. All rights reserved. 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. Sent to shareholders shortly Currency in EUR on 30 June 2020 09:43:07 UTC the Unaudited Consolidated Income.... In Ireland, the UK and the USA operating segments are reported in a manner consistent with reporting... 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