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Viva says "challenging year" due to weak refinery margins

WHEN it first floated in July last year Viva Energy was the largest IPO of the past four years' worth A$2.65 billion, but less than a year on the company's profits have not met its prospectus forecast due to "weaker than expected refinery margins."

Viva says "challenging year" due to weak refinery margins

The fuel retailer and energy giant announced its full year results this morning along with its refining margin and crude intake performance for the past month, outlining the company's key forward looking...

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