Ampol gets A$970m revenue from Z Energy in first months ownership

Ampol said it was still committed to retaining Z Energy’s iconic brand and would deliver the $60m to $80m annual benefit as expected. (Photo: supplied)

Dan Brunskill

Mon, 22 Aug 2022

Fuel conglomerate Ampol pulled in A$969 million (NZ$1.07b) of revenue from Z Energy in its first two months of owning the New Zealand retailer.As a comparison, Z Energy earned NZ$5b revenue in the 12 months ended March 31 2022The Australian business today reported its half year result for the period ended June 30, which included two months of earnings from newly acquired Z Energy.Overall, parent company Ampol reported a net profit of A$695.9m in the six months through June, compared to A$325.5m a year earlier.Z reported A$969.3m in revenue and...

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