MARKETS

Viva profits smashed in first half

AUSTRALIAN fuel refining and retailing business Viva Energy Group might be giving its shareholders a new dividend, but the outbreak of COVID-19 in Victoria has hit the business hard.

Viva profits smashed in first half

Viva's first half profits, excluding one-time items, were down 32.6% on the prior year at $34.3 million.  Underlying EBITDA was up 17.5% on the first half of 2019, however, at $332.9 million.  The...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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