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BRIEF-Viva Energy Group Says FY Revenue $16,541.6 Million

Published 24/02/2020, 09:45 am
© Reuters.  BRIEF-Viva Energy Group Says FY Revenue $16,541.6 Million
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Feb 24 (Reuters) - Viva Energy Group Ltd VEA.AX :

* FY REVENUE $16,541.6 MILLION VERSUS $16,395.1 MILLION

* DECLARES FINAL DIVIDEND OF 2.6 CENTS PER SHARE

* FY UNDERLYING PROFIT AFTER TAX ATTRIBUTABLE (REPLACEMENT COST BASIS) $135.8 MILLION VERSUS $293 MILLION

* SEES FY20 TOTAL CAPEX $250 MLN TO $300 MLN

* IN 2020, WILL CONTINUE TO FOCUS ON RESTORING SALES VOLUMES IN ALLIANCE CHANNEL, CAPTURING ANY RECOVERY IN RETAIL FUEL MARGINS

* CURRENTLY COVID-19 HAS NOT HAD SUBSTANTIAL IMPACT ON BUSINESS

* TO RETURN ALL $680 MLN OF NET AFTER-TAX PROCEEDS FROM DIVESTMENT OF STAKE IN VIVA ENERGY REIT (VVR) TO SHAREHOLDERS VIA A BUY-BACK

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