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Birmingham Post
Birmingham Post
Business
Jon Robinson

High fuel prices help profits rise at Issa brothers' EG Group

High UK fuel prices helped profits rise at the retail empire run by the billionaire owners of Asda, according to new figures.

EG Group, which is headquartered in Blackburn, was set up by brothers Zuber and Mohsin Issa in 2001 and now counts the likes of Euro Garages, LEON and Cooplands among its brands.

Newly-released figures for the group's three months to September 30, 2022, show its total revenue increased to £8bn from the $7.1bn it reported during the same period in 2021.

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