Vivo Energy, a JSE-listed company with more than  2,100 Shell and Engen branded service stations in 23 African countries, is on track to deliver on its objectives for the year despite some headwinds.

In its half-year results for the six months ended June 2019, Vivo Energy, which is also listed in London, reported an 8% uptick in sales to 4.9-billion litres, a 6% increase in revenue to $3.9bn and gross profits were up 2% at $318m.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now