Viva Energy Group Posts Higher Q4 Fiscal 2025 Total Group Sales Volumes, Shares Fall 9%

MT Newswires Live01-29 09:42

Viva Energy Group (ASX:VEA) said its fourth quarter 2025 total group sales volumes were 4.4 billion liters, up from 4.36 billion liters from the fourth quarter 2024, according to a Thursday Australian bourse filing.

Convenience & Mobility (C&M) fuel sales volumes were impacted by trading interruptions from store conversions and the divestment of 15 Liberty Convenience stores required under the terms of the acquisition.

Fuel sales volume in the period was down 1.5% compared to the same period last year, after adjusting for impacts related to trading interruptions from store conversions and divestment of 15 Liberty Convenience stores required under the terms of the acquisition.

Convenience sales in the period reduced by 11.4% over the same period last year, with tobacco sales down 33.6% due to the continued impact of "illicit trade" on this part of the sector.

The company added that tobacco sales have been stable during the second half of 2025, and gross margin on total convenience sales has improved 4.5% to 42.2% during the quarter.

The company said its revolving credit facility (RCF) was successfully refinanced and increased in size to $1.3 billion from $1.2 billion during the quarter, and it remains in full compliance with its debt covenants, with "sufficient" headroom.

The company's shares fell 9% in recent Thursday trade.

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