EG Group’s sales are falling as the billionaire Issa brothers work to reduce debt

S

Gas station and retail company EG Group’s second-quarter sales fell as the billionaire Issa brothers worked to reduce the company’s debt.

Sales fell 18% to $7.3 billion in the three months to the end of June, while profit before tax fell 4% to $335 million, which the company blamed on “the impact of the revaluation of oil inventories due to oil price volatility”.

https://www.standard.co.uk/business/eg-group-sales-slide-18-as-billionaire-issa-brothers-work-to-slash-debt-b1105876.html EG Group’s sales are falling as the billionaire Issa brothers work to reduce debt

Sportsasff

Pechip.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@pechip.com. The content will be deleted within 24 hours.

Related Articles

Back to top button