Ampol Limited (AU:ALD) has released an update.
Ampol Limited reported a decrease in Lytton Refiner Margin to US$11.80 per barrel in Q1 2024, a 21% drop from the previous year, amidst a reduction in overall sales volume by 1.7%. Despite challenges such as a refinery-wide steam outage and supply disruptions, the company maintained earnings consistent with the prior year in non-refining divisions and saw improved fuel margins in Convenience Retail. Furthermore, the New Zealand segment showed growth due to the benefits from the transition to Ampol supply.
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