Snax 24, which has 81 forecourts, said it was still "seeking opportunities" despite a 73% slump in pre-tax profits to £508,000 in the year to 30 September 2010. Sales grew 13.7% to £224.3m. "The commercial environment will remain competitive in the next financial year, with the industry seeing more closures and disposals of sites," said managing director Bill Ahearn.
Spring said it too was looking for sites. "The company plans to increase the number of service stations under its management and to continue with the refurbishment and redevelopment of existing service stations," the directors said.
Profits at the 20-site retailer jumped 81% to £495,759 on sales up 1.5% to £31.6m in the year to 31 March 2010.