Caltex Aust says Gull boosted international fuel sales, revenue in first half

Caltex Aust says Gull boosted international fuel sales, revenue in first half
Sophie Boot
By Sophie Boot Aug. 28 (BusinessDesk) - Caltex Australia says Gull New Zealand, which it bought last year for $340 million, is performing well and helped increase fuel sale volumes and revenue in the first half of 2018. In Caltex's half-year result to the ASX this morning, the company said Gull was "demonstrating volume growth in line with expectations at time of acquisition" and had delivered a "strong performance, in line with initial expectations". The group's net profit on a replacement cost basis was A$296 million for the six mont...