fromBusiness Matters
5 days agoRecord profit for Sir Gerald Ronson's forecourt empire
Rontec, which operates 267 service stations across the UK, said rising costs, higher employer national insurance contributions and living wage obligations had squeezed margins. However, lower interest repayments, as borrowing costs eased over the year, helped boost profitability. The group described the period as "another successful year", extending a long track record of resilience. GMR has recorded losses only three times in the past three decades, with its most recent annual loss dating back to 2009.
Business
