Convenience retail to tip Ampol into record territory
Angela Macdonald-SmithSenior resources writer
Robust returns from convenience retailing are set to tip Ampol into record earnings territory for 2023, more than offsetting woes at the company’s only refinery, but the outlook was slightly weaker than anticipated and sent the shares lower.
Shares in the petrol and diesel supplier, which reached a nine-year high in early January, were down 2.7 per cent at $35 on Thursday.
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