Viva Energy Reports Steady Progress in 1Q2025 with Strategic Acquisitions and Cost Initiatives

An update from Viva Energy Group Ltd. ( (AU:VEA) ) is now available.

Viva Energy Group Ltd. reported its 1Q2025 operating update, highlighting progress in achieving its EBITDA guidance for the first half of 2025. The company completed the acquisition of the remaining 50% interest in Liberty Convenience, which is expected to contribute significantly to its C&M segment. Despite a decline in C&I sales due to adverse weather, the company saw growth in retail fuel margins and convenience sales. The Geelong Refinery faced challenges due to a power outage, but the upgrade to Ultra Low Sulphur Gasoline is on track. Viva Energy is also implementing cost reduction initiatives and network expansions, aiming for significant synergies and operational efficiencies by FY2026.

More about Viva Energy Group Ltd.

Viva Energy Group Ltd. operates in the energy sector, focusing on non-refining businesses such as Convenience & Mobility (C&M) and Commercial & Industrial (C&I). The company is involved in fuel sales, convenience store operations, and refining activities, with a market focus on expanding its retail network and optimizing operational efficiencies.

YTD Price Performance: -44.18%

Average Trading Volume: 3,426

Technical Sentiment Signal: Strong Buy

Current Market Cap: €1.33B

For detailed information about VEA stock, go to TipRanks’ Stock Analysis page.