Australia's Ampol hits over 2-year high on strong HY results
24/08/2026 01:36
BUZZ-Australia's Ampol hits over 2-year high on strong HY results ** Shares of Ampol ALD.AX rise as much as 3.9% to A$41.39, hitting their highest level since April 9, 2024
** Stock set for best intraday session since July 20, if current gains hold
** Australia's top fuel retailer posts nearly five-fold rise in interim profit to a record high of A$857.2 mln ($614.78 mln), comfortably beating Visible Alpha consensus estimate of A$840 mln
** Declares an interim dividend of 185 Australian cents per share
** Co says profit margins at its refinery more than tripled in H1 to $28.26 per barrel following start of the U.S. war with Iran
** Stock up 26.8% YTD, including the day's moves
($1 = 1.3943 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru)
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