MFG motors up the profit chart

William Bannister, MFG CEO

Forecourt operator Motor Fuel Group (MFG) has ranked second in a league table of Britain’s 100 private companies with the fastest-growing profits, a climb of seven places from last year’s ninth position.

The 19th annual Sunday Times BDO Profit Track 100 (published April 8, 2018) ranked companies according to growth in profits over the last three years of available accounts.

MFG’s boss William Bannister (pictured) said: “It’s great to be back in this prestigious league table and to have improved our position. With an annual profit growth over the past three years (ending December 2016) of 136%, our business strategy continues to produce impressive results.”

In February, MFG bought rival MRH in a £1.2bn deal which saw it become Britain’s largest forecourt operator by number of sites.

CJ Lang – Christie