The Applegreen Lusk Motorway Service Station on the M1 in North County Dublin, Picture Colin Keegan, Collins, Dublin. Applegreen expects a “material reduction” in profitability in 2020, the scale of which will be dependent on how the Covid-19 situation develops. Applegreen had traded strongly and in line with management expectations for the first 10 weeks of 2020. “We expect a material reduction in profitability for the current financial year,” the company said in its trading outlook. "Assuming that current severe restrictions on movement don’t extend into the summer, Applegreen is well positioned to trade through this.
Source: Irish Examiner March 27, 2020 18:56 UTC