Forecourt Trader - 30 years at the heart of the fuel retailing community

MFG second in Sunday Times BDO Profit Track 100

John Wood ·
MFG site

Top 50 Indie Motor Fuel Group (MFG) has been ranked second in a league table of Britain’s one hundred private companies with the fastest-growing profits in the 19th annual Sunday Times BDO Profit Track 100.

The league table, published on 8 April, ranks companies according to growth in profits over the last three years of available accounts.

The 100 companies in the table grew their profits over the last three years by an average of 77% a year to combined profits of £1.1bn. Together they employ 52,600 staff, having added 20,000 employees to their workforce over the period, some as a result of acquisitions.

William Bannister, MFG’s chief executive officer, said: “It’s great to be back in this prestigious league table and to have improved our position from ninth to second. With an annual profit growth over the past three years (ending December 2016) of 136%, our business strategy continues to produce impressive results.”

The league table and awards programme is sponsored by BDO and UBS Wealth Management and is compiled by Fast Track, the Oxford-based research and networking events firm.

Want more stories like this in your inbox?

Sign up for our FREE email newsletter

Keywords:

  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 9 July 2018
RegionDieselLPGSuper ULUL
East131.9863.50137.96128.56
East Midlands131.22139.91128.09
London132.0063.90140.12128.84
North East131.0264.90140.64127.46
North West131.2157.70139.91127.57
Northern Ireland130.4269.90135.40127.64
Scotland131.53135.41127.88
South East132.2056.90139.61129.13
South West131.65137.84128.39
Wales131.3059.90135.44127.73
West Midlands130.86137.08127.70
Yorkshire & Humber130.6370.90139.43127.69

Most read

Are you hopeful the government inquiry highlighting the malign impact of unregulated hand car washing will significantly reduce the number of cowboy operators?

Calendar

See all events