Ampol delivers $649m RCOP EBITDA and updates investors on strategic growth

Ampol delivers $649m RCOP EBITDA for 1H 2025 and details growth plans as it advances the EG Australia acquisition.

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Key points

  • Ampol reported a 1H 2025 Group RCOP EBITDA of $649 million and a 40 cents per share fully franked interim dividend, despite a statutory NPAT loss of $25 million.
  • With improvements in the Lytton Refiner Margin and successful U-GO sites yielding higher fuel volumes and EBITDA, Ampol aims to complete the EG Australia acquisition by mid-2026.
  • The company's strategy focuses on growing its retail platform, maintaining an investment-grade credit rating, reducing costs, and exploring energy transition opportunities in EV charging and renewable fuels.

The Ampol Ltd (ASX: ALD) share price is in focus after the company released its latest financial highlights, including a Group RCOP EBITDA of $649 million for 1H 2025 and an interim dividend of 40 cents per share, fully franked.

What did Ampol report?

  • Group RCOP EBITDA for 1H 2025: $649 million
  • Group RCOP EBIT for 1H 2025: $404 million
  • Statutory NPAT loss of $25 million (attributable to parent)
  • Interim dividend: 40 cents per share, fully franked
  • Group leverage at 2.8x; net borrowings of $2.8 billion
  • Total sales volume year-to-date: 18.5 billion litres

What else do investors need to know?

Ampol's October and November trading update showed the Lytton Refiner Margin rising from US$13.78 per barrel in October to US$17.90 in November, with November refinery production reaching 532 million litres. The third quarter RCOP EBIT was ahead of the earlier 2025 quarterly average, marking a solid improvement from the third quarter of the previous year.

The company continues to deliver on its U-GO value fuel site's rollout, reporting strong early success with a 50% uplift in fuel volumes at converted locations and an average EBITDA improvement of $300,000 per site. Ampol is also progressing its acquisition of EG Australia, targeting completion by mid-2026, pending regulatory approval.

What's next for Ampol?

Looking ahead, Ampol's strategy is centred on growing its fuel and convenience retail platform across Australia and New Zealand, improving its retail segmentation with more U-GO site conversions, and continuing upgrades to premium site formats and product offerings. The acquisition of EG Australia is expected to further re-shape Ampol's earnings mix toward more resilient, retail-driven sources.

Ampol remains committed to maintaining its investment-grade credit rating and is advancing its $50 million productivity program to reduce costs through 2025. The company is also engaging with the government on the Fuel Security Services Payment review and exploring new opportunities in energy transition, including EV charging and renewable fuels.

Ampol share price snapshot

Over the past 12 months, Ampol shares have risen 13%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen around 2% over the same period.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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