)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Vivo Energy (VVO) investor relations material
Vivo Energy H2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2024 earnings summary4 Jun, 2025
Executive summary
2024 marked a transformational year with strong underlying growth and the successful integration of Engen, significantly increasing business scale and financial strength.
The executive leadership team was reinforced, and the business now operates in 28 countries under Shell and Engen brands, with 4,000 service stations and over 20 billion liters of fuel sold.
Sustainability remains a core focus, with strong HSSEQ performance, zero product spills, and ongoing investments in solar and LPG as part of the energy transition.
Financial highlights
2024 revenue reached approximately $20 billion, with adjusted EBITDA at $683 million (up 84% year-over-year), and pro forma adjusted EBITDA at $926 million (up 150%).
Replacement cost adjusted EBITDA exceeded $1 billion, reflecting the impact of inventory valuation methods.
Gross cash profit and volume increased by nearly 60% year-over-year; on a pro forma basis, both nearly doubled.
Adjusted free cash flow for 2024 was $625 million, supported by robust operating performance and positive working capital changes.
Outlook and guidance
Q1 2025 showed a 4% year-on-year volume increase, with gross cash unit margin at $73 per cube and EBITDA on track to exceed $1 billion for 2025.
CapEx for 2025 expected to be between 2023 and 2024 levels, with continued investment in infrastructure and LPG.
Net leverage targeted at 1–1.5x, with ongoing improvements in interest cover and cash generation.
Detail Engen's non-fuel retail integration plan
Outline holdco debt refinancing strategy
Explain oil price impact on IFRS EBITDA and working capital
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Vivo Energy plc operates as a retailer and distributor of fuels and lubricants in Africa. The company's Retail Fuel operations segment involves the retailing of motor fuels, lubricants, and related services through its convenience stores and general dealers. Its Wholesale Fuel operations segment involves the wholesaling of motor fuels and lubricants to retailers in Zambia, Zimbabwe, Botswana, Namibia, Tanzania, Malawi, Mozambique, and South Africa; fuel blending services to commercial customers in Southern African Development Community (SADC), as well as within Tanzania; and the trading of crude oil. The company's Perisian Ltd subsidiary engages in producing asphalt for site construction activities for infrastructure projects in SADC countries; mining of natural sand; mining of feldspar; manufacture of glass products from certain minerals; and sale of certain oils and gas products. Vivo Energy plc is headquartered in London, the United Kingdom.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage