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Viva Energy Group Ltd. ( (AU:VEA) ) has shared an announcement.
Viva Energy Group Ltd. reported a slight increase in total group sales volumes for the third quarter of 2025, driven by growth in commercial and industrial fuel sales, despite a decline in convenience and mobility fuel sales. The company is undergoing strategic initiatives to enhance operational efficiency, including major maintenance at its Geelong refinery and expansion of its convenience store network. The refinery is expected to return to optimized production, aligning with upcoming fuel quality standards. Additionally, the company is on track to achieve significant cost reductions and synergies, aiming for $80 million in benefits for the fiscal year 2025.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
More about Viva Energy Group Ltd.
Viva Energy Group Ltd. operates in the energy sector, primarily focusing on fuel supply and convenience retailing. The company is involved in commercial and industrial fuel sales, convenience store operations, and refining activities, with a notable presence in the Australian market.
YTD Price Performance: -27.19%
Average Trading Volume: 4,152,524
Technical Sentiment Signal: Sell
Current Market Cap: A$2.99B
See more data about VEA stock on TipRanks’ Stock Analysis page.