• Underlying EBITDA (RC) of $700.9M, down 6.4% on prior year
• Strong performance in Commercial & Industrial and Energy & Infrastructure divisions
• Convenience & Mobility division improved in 2H 2025 as integration benefits and synergies were realised
• Completed major capital programs and advanced multi-year retail strategy

Viva Energy Group Ltd has reported its 2025 annual results, with the company completing a period of elevated investment and strengthening the foundations of its multi-year retail strategy. While the financial results were below expectations, the initiatives have positioned Viva Energy for improved resilience, clearer strategic focus and long-term value creation. The Board was encouraged by the continued strength of the Commercial & Industrial (C&I) business, which delivered $460.5 million EBITDA (RC), and the operational performance of the Energy & Infrastructure (E&I) business, which contributed $93.0 million. Despite a challenging consumer environment, the Convenience & Mobility (C&M) business delivered a stronger second half as integration benefits and synergies began to flow and market conditions improved, contributing $197.4 million EBITDA (RC). With major capital programs now complete, the Board is confident the company can execute on its multi-year retail strategy, strengthen its balance sheet and provide returns to shareholders through operating cashflows. The company declared a final franked dividend of 3.94 cps, bringing total FY2025 dividends to 6.8 cps, aligned with its dividend policy. Viva Energy has also continued to support the lower-carbon energy transition, while the challenges in the current commercial environment remain. The company is focused on executing the next phase of its retail strategy in 2026, with priorities including improving execution, aligning loyalty and digital functionality across the OTR and Reddy Express brands, and establishing its own convenience supply chain.

Viva Energy expects continued benefits from synergies, margin improvement and new store openings in its Convenience & Mobility division during 2026, though earnings growth will be modest due to the operating environment and temporary cost duplication. In its Commercial & Industrial division, the company will continue to strengthen customer relationships and expand partnerships that support the energy transition. In the Energy & Infrastructure division, the focus will be on maintaining high plant availability, and working with the Federal Government to renegotiate the Fuel Security Services Payment mechanism to improve the outlook for the refining business.

Viva Energy enters 2026 with strong momentum, a clearer strategic path and a more integrated platform. The company's priorities for 2026 include improving execution, aligning loyalty and digital functionality across its retail brands, and establishing its own convenience supply chain to create scale benefits, improve supplier terms and support a smoother OTR rollout.