MARKETS

Viva profit down 50% but within revised guidance

REFINER and petrol supplier Viva Energy’s half year results for the period ending June 30 find sales volumes up 2.5% over the previous corresponding period at 7.12 billion litres, refining operational availability of 94% and refining intake of 21.4 million barrels, a rise of 12%.

Helen Clark

Viva profit down 50% but within revised guidance

Viva reported record diesel production, making up 40% of all production and a rise of 36% over the previous period ending December 31, 2018. Group underlying EBITDA was $171.6 million, and guidance...

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