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Viva Energy Group Limited (ASX:VEA)

ALERT: Price-sensitive ASX Announcement for VEA
Current share price for VEA : $3.000 0.15 (5.26%)+
Release
25 Aug 2026 9:16AM
Price at Release
$2.850
Full Release
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Summary
Viva Energy Group Limited reported strong financial results for the half-year ending 30 June 2026, with Group EBITDA (RC) reaching $774.4 million, a significant increase from the previous year. This growth was driven by improved refining margins and robust performance across business units, including Commercial & Industrial (C&I) and Energy & Infrastructure (E&I). The Geelong Refinery in Victoria experienced operational challenges but maintained high refining margins. The company also reported a reduction in net debt and declared a fully franked interim dividend. Future strategies include infrastructure development and engagement with government energy security initiatives.
Key Points
  • Strong first half earnings with Group EBITDA (RC) of $774.4M.
  • EBITDA growth across all business units.
  • Geelong Refinery maintained high refining margins despite operational incident.
  • Reduction in net debt to approximately $1.7 billion.
  • Interim dividend of 7.73 cps declared.
  • Commercial & Industrial (C&I) business showed strong results with a 28.4% increase in EBITDA.
  • Energy & Infrastructure (E&I) benefited from elevated refining margins.
  • Engagement with government on energy security measures.
  • Plans for infrastructure development at Geelong Energy Hub.
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.