Z eyes further profit growth from 'boring' non-fuel business
Although selling fuel remains the lion's share of Z Energy's business, chief executive Mike Bennetts sees potential to increase its faster growing non-fuel sales.
Jenny Ruth Fri, 11 Nov 2016
Z Energy sees further growth in coffee, food and other non-fuel sales after lifting gross margin in that area by 10% in the six months ended September.
Non-fuel gross margin was only 9.4% of the petrol station operator’s $361 million total for the six months.