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DCC unit plans to acquire Stafford Group s Campus Oil

The business also supports fuel cards that are used at Campus-branded service stations and Circle K forecourts. Campus Oil posted revenue of €162.7m in the 12 months to September 2019, compared to €185m the year before. It generated earnings before interest, tax, depreciation and amortisation (Ebitda), and exceptional items, of €600,000 last year, compared to €1.05m the year before. Its had net assets of €16.8m at the end of the 2019 financial year, and net cash of €5.5m. It said that notwithstanding the impact of Covid, it expected to deliver “strong results” in its 2020 financial year with a “significant uplift” in underlying Ebitda. The family-owned Stafford Group, whose chief executive is Mark Stafford, owns the Life Style Sports chain, which has more than 60 outlets across the country. It also has a shipping division that’s based in New Ross, Co Wexford. The group was established in 1891.

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