Viva Energy flags up to $60m earnings hit on Geelong refinery troubles
Elouise FowlerReporter
Viva Energy’s earnings will be crunched by costs and production challenges linked to prolonged maintenance at its troubled flagship Geelong refinery.
The company faces a $20 million hit to its half-year earnings before interest, tax, depreciation and amortisation because of problems plaguing its refinery in Victoria, unaudited financial results disclosed to the ASX on Thursday revealed.
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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au
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