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An inconvenient truth delivers profit season’s biggest beating

Who said the ASX was full of boring industrial companies? Tuesday’s moves suggested anything but.

Key Points

The big result | Viva Energy’s results day usually comes and goes without too much fuss: a 40-page presentation, one-hour analyst call and everyone moves on to the next result. Not on Tuesday.

The result was branded “soft”, the shares were down more than 20 per cent and the investor call lit up. CEO Scott Wyatt and his convenience boss, Jevan Bouzo, were under the pump as analysts returned for question after question.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/an-inconvenient-truth-delivers-profit-season-s-biggest-beating-20250225-p5lew4