Australia's Ampol slips on flagging additional repair costs for Lytton refinery

Ampol

25/03/2025 24:52

** Ampol ALD.AX slips 1% to A$23.83

** Fuel retailer flags additional costs of A$35 mln ($22 mln) from repairs of its flagship Lytton refinery in Queensland

** Says refinery now operating at normal production rates after restarting over March 15-16 weekend, following a pause after Cyclone Alfred's landfall

** Adds insurance expected to cover about half of these costs

** ALD sheds 15.4% YTD

($1 = $1.5924)

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com;))