Roadside Group blames supermarket competition for profit drop

Roadside’s pre-tax profits fell 21% to £721,226

Roadside Group has blamed “aggressive supermarket competition” for a decrease in full-year profits.

Pre-tax profits at the indie forecourt operator fell 21% to £721,226 on sales up 7.2% to £60.8m in the year to 30 November 2012, according to accounts filed at Companies House.

The supermarkets were “using fuel as a loss leader to attract customers to their shops”, MD Colin Fullerton wrote in the accounts.