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Viva Energy Group Ltd. ( (AU:VEA) ) has shared an update.
Viva Energy Group Ltd. reported a slight increase in sales volumes for the fourth quarter of 2024, with notable growth in its Commercial & Industrial segment. The company faced operational challenges at its Geelong Refinery, including a power outage and maintenance issues, which impacted production and financial performance. The acquisition of Liberty Convenience received regulatory approvals, with completion expected by March 2025. Despite these challenges, Viva Energy’s unaudited FY2024 Group EBITDA was solid, although retail and refining segments faced difficulties.
More about Viva Energy Group Ltd.
Viva Energy Group Ltd. operates in the energy sector, focusing on the production, refining, and distribution of fuel and convenience products. It caters to commercial and industrial sectors, with significant activities in aviation, transport, and agriculture, alongside its convenience and mobility businesses.
YTD Price Performance: 5.26%
Average Trading Volume: 180
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €2.61B
See more data about VEA stock on TipRanks’ Stock Analysis page.
