Vivo Energy has declared a final dividend in respect of the financial period ended 31 December 2019 of 2.64598 US cents per share, payable on 08 June 2020 to ordinary shareholders on the register as at 15 May 2020.
Other financial highlights include:
Sales volume increased 11%, mainly due to the contribution of the Engen-branded markets; with Shell-branded volumes increasing by 1%
Gross profit increased 8% to $675 million
Gross cash unit margin of $71/'000 litres (Shell-branded: $71), ahead of expectations but lower than 2018
Adjusted EBITDA up 8% to $431 million, with EBITDA up 14% at $416 million
Adjusted diluted EPS of 12 cents was impacted by higher net finance expenses and increased effective tax rate
Diluted headline EPS of 11 cents, in line with 2018