Cookstown energy firm LCC's turnover up 45%
- Published
Cookstown-based energy firm LCC increased its turnover by 45% to 拢853m in 2017.
Pre-tax profit at the group was 拢20m, down from the 拢21m achieved in 2016. LCC owns the Go petrol station chain as well as oil terminals and energy distribution businesses.
The company said it had won "many new customers" in the business electricity supply market over the year.
It has about 17% of the business electricity market in Northern Ireland.
Beginning as a coal merchant in 1986, LCC employs about 250 staff.
The firm is owned by the Cookstown-based Loughran family.
During the year, the shareholders shared a dividend of 拢400,000.