Ampol FY25 profits rise on refinery margin strength

Ampol posts a Q4 trading update with strong FY25 profit, despite softer volumes across the group.

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The Ampol Ltd (ASX: ALD) share price is in focus today after the company reported a strong Lytton Refiner Margin and lifted preliminary FY25 profit figures.

What did Ampol report?

  • Lytton Refiner Margin (LRM) for Q4 FY25 was US$15.14 per barrel, up from US$4.60 year-on-year
  • Preliminary Group RCOP EBITDA for FY25 of approximately $1,435 million
  • Preliminary Group RCOP EBIT for FY25 of approximately $945 million
  • Convenience Retail volumes fell 4.4% to 3,489 million litres (ML) over the year
  • Total sales volume (Group) declined 7.7% to 25,175 ML
  • Refinery production rose 4.9% year-on-year to 5,519 ML

What else do investors need to know?

Ampol's Convenience Retail business in Australia achieved mid-single digit EBIT growth, showing resilience despite a dip in volumes. In New Zealand, the fourth quarter delivered a stronger EBIT, helping full-year results remain steady amid challenging conditions.

The fuels and infrastructure segment in Australia posted high single-digit percentage RCOP EBIT growth, even as wholesale volumes declined. International fuels and infrastructure delivered a modest profit, reflecting the company's focus on supplying its own operations in Australia and New Zealand.

What's next for Ampol?

Ampol will detail its final audited FY25 results on 23 February 2026. Management highlights a continued focus on operational performance and margin optimisation in both refining and retail segments.

The company looks to maintain momentum in convenience and infrastructure while navigating changing market dynamics, especially in the face of economic challenges across its markets.

Ampol share price snapshot

Over the past 12 months, Ampol shares have risen 7%, running slightly ahead of the S&P/ASX 200 Index (ASX: XJO) which has risen 6% 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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