Ampol Limited (AU:ALD) has released an update.
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Ampol Limited reported a mixed third-quarter performance with total fuel sales volumes slightly down from the previous year and a significant decrease in the Lytton Refiner Margin due to maintenance and weaker global product margins. Despite challenges, including a planned November maintenance that will reduce production, the company has seen resilient retail and New Zealand operations and announced a $50 million cost reduction program for 2025. CEO Matt Halliday remains optimistic about the company’s resilience and future performance improvements.
For further insights into AU:ALD stock, check out TipRanks’ Stock Analysis page.
