Petrogas Global, which operates service stations in Ireland and the UK under the Applegreen brand, has reported an increase in turnover and profitability for year ending December 2013.
The company said its operating profits for the year rose to €10.6m from €9.2m in 2012.
Pre-tax profits moved up to €10.1m from €5.8m despite the tough trading environment in Ireland and UK and the tightening of fuel margins.
It also reported a 12% increase in turnover to €804.5m. The group employs over 2,000 people.
At the of last year Petrogas operated 75 service stations in Ireland, including six motorway service areas, and 42 service stations in the UK.
It now operates 92 stations in Ireland, including eight motorway service stations, 53 stations in the UK and two in the US.
"The momentum of 2013 has carried through to 2014 as we have continued to expand in Ireland and the UK and we have now established a foothold in the US," commented the company's chief executive Bob Etchingham.
He said the company's successful refinancing of its legacy debt was a significant milestone in that it enabled it to re-focus on growing the business.
During this year, Applegreen opened its seventh motorway service area at Exit 14 of the M11 in Wicklow and its eighth at on the M7 at Birdhill in Co Tipperary.
