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Viva Energy flags up to $60m earnings hit on Geelong refinery troubles

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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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    Original URL: https://www.afr.com/companies/energy/viva-energy-flags-up-to-60m-earnings-hit-on-geelong-refinery-troubles-20230713-p5dnze