Viva Energy Group Ltd (ASX:VEA)

A$ 3.16 0.02 (0.64%) Market Cap: 5.04 Bil Enterprise Value: 7.82 Bil PE Ratio: 1,580.00 PB Ratio: 2.43 GF Score: 84/100

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Half Year 2020 Viva Energy Group Ltd Earnings Call Transcript

Aug 17, 2020 / 12:30AM GMT

Release Date Price: A$2.22 (-0.28%)

Transcript

Operator

Thank you for standing by, and welcome to the Viva Energy Australia 1H 2020 results announcement. (Operator Instructions) I would now like to hand the conference over to Mr. Scott Wyatt, Chief Executive Officer. Please go ahead.

Scott A. Wyatt

Viva Energy Group Limited - CEO & Executive Director

Good morning, and welcome to the Viva Energy results presentation for the period ending 30th June 2020. My name is Scott Wyatt, Chief Executive of Viva Energy, and on the call with me today is Jevan Bouzo, our Chief Financial Officer.

I've got a bit to cover this morning, including an update on the proposed capital management program that will see us return to shareholders the bulk of the proceeds from the Viva Energy REIT divestment. I will discuss this a little more later in the call.

As you all will be aware, COVID-19 has presented challenging trading conditions across the Australian economy with impacts felt by all in the community. It has challenged us all, but I'm extremely proud of the way in which the people of Viva Energy and its

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