Viva Energy Provides Victorian Trading Update

1 min read | September 07, 2020 12:33 PM AEST | By Team Kalkine Media

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Viva Energy Group Limited (ASX:VEA) provided a trading update amid easing of restrictions in Victoria on 6 September and the impact of coronavirus. Below are some of the highlights:

Retail business continues to be resilient even after on-going restrictions in Victoria and sales is recovering in other states and territories.
Commercial business excluding Aviation in Victoria also stays relatively unaltered by the present restrictions.
Refining business continues to be affected by COVID-19 and the outlook stays challenging due to drop in the demand for oil products globally which are mulling over regional refining margins.

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