Ampol (ASX: ALD) Share Price Tumbles Amid Lytton Refinery Repair Costs

Tue 25 Mar 25, 03:03 AM | Team Kalkine

Image source: Shutterstock

Highlights

Ampol shares slip 1% to A$23.83 after refinery repair cost announcement

Flagship Lytton refinery resumes normal production after Cyclone Alfred disruption

Stock down 15.4% year-to-date, despite insurance coverage for part of repair costs

Ampol (ASX:ALD) saw its shares dip by 1%, closing at A$23.83 following an announcement about additional costs for repairing its Lytton refinery in Queensland. The fuel retailer disclosed that it expected an extra A$35 million (approximately $22 million) in costs due to the necessary repairs at the refinery, which had been temporarily halted after Cyclone Alfred made landfall in mid-March.

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