Vivo Energy plc Announces Trading Update for the Third Quarter and Nine Months Ended 30 September 2019; Provides Operating Guidance for 2019
For the nine months, the company reported total Volumes of $7,657 million litres against $6,951 million litres for the same period a year ago. Total Gross Cash Unit Margin was $70 per thousand litres against $74 per thousand litres for the same period a year ago.
For the 2019, The company expects volume growth for the full year, including the Engen-branded markets, to be within the company's guidance range of low to mid double-digit percentage growth. The company also expects to be slightly ahead of initial guidance of the high sixties per thousand litres for the full year.