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Viva Energy Group Limited (ASX:VEA)

ALERT: Price-sensitive ASX Announcement for VEA
Current share price for VEA : $2.980 0.13 (4.56%)+
Release
25 Aug 2026 9:09AM
Price at Release
$2.850
Full Release
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Summary
Viva Energy Group Limited's half-year financial report for the period ending 30 June 2026 indicates a significant turnaround with a statutory profit of $452.0 million, compared to a loss the previous year. The company achieved substantial revenue growth, with total revenue reaching $16,487.5 million. Key financial activities included managing costs of goods sold which increased to $13,845.4 million, and maintaining a robust net asset position of $1,850.4 million. The report highlights the payment of $31.0 million in dividends and an improvement in equity due to profitability and other comprehensive income. The group maintained compliance with financial covenants related to its borrowing facilities, demonstrating financial stability and operational efficiency.
Key Points
  • Viva Energy Group Limited reported a statutory profit of $452.0 million for the half-year ended 30 June 2026, compared to a loss of $195.4 million for the same period in 2025.
  • Total revenue from contracts with customers was $16,487.5 million, an increase from $14,955.2 million in the previous year.
  • The Group's cost of goods sold amounted to $13,845.4 million, largely due to the cost of products, raw materials, and associated expenses.
  • Net assets increased to $1,850.4 million from $1,427.1 million as of 31 December 2025.
  • Dividends of $31.0 million were paid during the half-year, and there was an increase in equity due to profits and other comprehensive income movements.
  • The Group's total liabilities stood at $11,664.8 million, with current liabilities being $6,056.6 million.
  • Viva Energy maintained compliance with financial covenants related to its borrowing facilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.