Viva Energy Group Limited (VEA) Earnings Call Transcripts

Viva Energy Group Limited's Latest Earnings Call - May 21, 2026

In the 2026 Annual General Meeting, Viva Energy Group Limited (VEA:AU) reported a full-year underlying EBITDA of $701 million, reflecting a challenging environment but showing resilience amid geopolitical tensions and operational disruptions. The company declared a total dividend of $0.0677 per share, maintaining a payout ratio of 55% of net profit after tax. Management signaled a cautious optimism for 2026, with expectations to restore refinery production to over 90% capacity in June and a capital expenditure forecast of $350 million to $400 million, indicating a shift to a lower capital cycle.

Reported metrics

Guidance from management

Management expects to restore refinery production to over 90% capacity by June 2026 and anticipates capital expenditures in the range of $350 million to $400 million, indicating a shift to a lower capital cycle.

What management said

Thanks. Do we have any other questions from the floor? Thank you. I will now go to phone questions. Operator, do we have any -- or sorry, online questions, Georgia, do we have any online questions on this item?

The first question is from [ Mr. Anthony Twining ]. Given that Viva is largely involved in the manufacture of petroleum for the car market, and supposedly, the car market is moving away from petroleum to electrification, what is Viva doing to keep up with the shrinking demand for petroleum-based fuels?

What analysts pressed on

Analysts expressed concerns regarding the refining business's loss and the impact of geopolitical events on fuel supply. There were also questions about the company's strategy to adapt to the declining demand for petroleum-based fuels amid the transition to electric vehicles.

Main topics on the call

• Refinery Operational Challenges — Viva Energy faced significant challenges due to a fire at the Geelong Refinery, which has led to reduced operational capacity. Management stated, "We expect to restore production to over 90% capacity during June after th...
• Strong EBITDA Performance — The company reported an underlying EBITDA of $701 million for the full year, which is a 30% increase in the second half compared to the first half. Management noted, "Performance improved across all parts of the business...
• Dividends and Payout Ratio — Viva Energy declared a total dividend of $0.0677 per share, representing a payout ratio of 55% of net profit after tax. The Board emphasized a prudent approach to dividends amidst volatility, targeting a payout ratio of ...
• Growth in Convenience Business — The integration of Liberty Convenience and expansion of the OTR network were highlighted as key growth strategies. Management stated, "We continue to see convenience retail as an important part of our future and expect t...

Read the full Viva Energy Group Limited transcript (May 21, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Viva Energy Group Limited earnings call transcripts on record, spanning February 23, 2020 to May 21, 2026. Based on this history, Viva Energy Group Limited reports quarterly. The most recent call on file is dated May 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

VEA

Exchange

ASX

Country

AU

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

27

First call

February 23, 2020

Most recent

May 21, 2026

Reporting cadence

quarterly