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Ampol Limited Reports Sharp Drop in 2024 Financial Results

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Ampol Limited Reports Sharp Drop in 2024 Financial Results

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An update from Ampol Limited ( (AU:ALD) ) is now available.

Ampol Limited reported a significant decline in its financial performance for the twelve months ending December 31, 2024, with revenue from ordinary activities down by 7.6% and a steep drop in profit after tax attributable to members of the parent on both statutory and replacement cost bases. The company declared a significantly reduced final dividend and experienced a decline in net tangible asset backing per share and return on equity, indicating challenging market conditions and financial pressures.

More about Ampol Limited

Ampol Limited is a company operating in the downstream oil industry, primarily focused on refining, distributing, and marketing petroleum products. The company is known for supplying fuel and related services across various markets.

YTD Price Performance: 1.07%

Average Trading Volume: 4,729

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.25B

Learn more about ALD stock on TipRanks’ Stock Analysis page.

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