Ampol Limited Announces Stable Mid-Year Earnings

Ampol Limited (AU:ALD) has released an update.

Ampol Limited has reported a resilient half-year performance with an expected unaudited Group RCOP EBIT of approximately $500-510 million and RCOP EBITDA of roughly $735-745 million for the first half of 2024. Despite challenging economic conditions, the company saw growth in its Convenience Retail and New Zealand segments, while its Fuels & Infrastructure (F&I) Australia’s earnings remained stable. However, F&I International faced lower EBIT due to less favorable trading conditions, particularly in the second quarter of 2024.

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