Turnover at Applegreen plc has topped 1bn in its first set of full-year results since its flotation in June last year.
Turnover for the year to 31 December 2015 was up 15% to 1,081m, compared with 937m the previous year, and adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) was up 26% to 28.9m.
Its operation in the UK, which is ranked fifth in the Top 50 Indies, added eight new sites during 2015, reaching a total of 61, and it has already added further sites this year.
Revenue in the UK increased by 18.1% during 2015 while gross profit increased to 34.7m, up from 23.0m in 2014.
Bob Etchingham, CEO of Applegreen, said: "This performance was driven by new site openings in both the latter part of 2014 and early 2015 as well as the increased contribution from food driven by our upgrade and rebranding programme."
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