EG Group reports record quarterly profits

EG Group has reported record quarterly profits

Petrol forecourt specialist EG Group, which is controlled by Asda’s new owners the Issa brothers, has posted a record quarter of profitability.

The retailer posted a 90% year-on-year increase in group EBITDA to $478m (£370m) in the three months to September 30, up 54% on a like-for-like basis.

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