Caltex reports tough year amid takeover offers 

CALTEX’s full year results come a day after Viva Energy’s and finds most sectors down after a tough year. 

Caltex reports tough year amid takeover offers  Caltex reports tough year amid takeover offers  Caltex reports tough year amid takeover offers  Caltex reports tough year amid takeover offers  Caltex reports tough year amid takeover offers 

Refining margins down

It reported fuels and infrastructure EBIT of $A450 million compared with $570 million in 2018; excluding results from its Lytton refinery this worked out at $380 million, above guidance of between