Vivo Energy plc Announces Trading Update for the Third Quarter and Nine Months Ended 30 September 2018; Provides Financial Guidance for the Year 2018
For the nine months, the company reported total Volumes of $6,951 million litres against $6,737 million litres for the same period a year ago. Total Gross Cash Unit Margin was $74 per thousand litres against $73 per thousand litres for the same period a year ago. Total Gross Cash Profit was $512 Million against $494 million for the same period a year ago.
For the 2018, the company is on track to deliver another year of strong financial performance driven by overall volume growth of around 4% at a gross cash unit margin of around $73 per thousand litres.