Viva Energy Group Swings to Loss in 2024 Despite Rise in Revenue

MT Newswires Live
25 Feb

Viva Energy Group (ASX:VEA) reported Tuesday a loss per diluted share in 2024 of AU$0.048, compared with earnings of AU$0.002 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.01.

Revenue for the year was AU$30.14 billion, up 13% from AU$26.74 billion in the same period last year. Analysts surveyed by Visible Alpha expected AU$29.24 billion

The board declared an interim dividend of AU$0.0387 per share, down from the AU$0.071 in the previous reported period, payable on March 31 to shareholders on record as of March 10.

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