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Forecourt group Sewell turnover up 18.5%

The accounts added that the war in Ukraine had also caused availability issues and price increases,

Petrol pumps fuel crisis forecourt

Forecourt group Sewell Retail’s annual turnover increased by 18.5% to £57.1m, as fuel volumes rose alongside commuters returning to work.

The growth was revealed in the company’s annual results for the year ending 31 December, 2021.

Commenting on the increase in the accounts, the group said: “Sewell Retail has been successful despite the challenges of Covid-19.

“The fuel volumes have come back as commuters return to the office and shop customer numbers have remained strong with many continuing to shop locally. The reduction in retained profit reflects a significant increase in the employee share appreciate provision.”

The accounts added that the war in Ukraine had caused availability issues and price increases, but said this would not have a big impact on the business.

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