Vivo Energy plc

Detailed Description

Vivo Energy plc operates as a retailer and distributor of fuels and lubricants in Africa. It operates through three segments: Retail, Commercial, and Lubricants. The Retail segment sells petrol and diesel fuels at Shell and Engen-branded service stations; operates convenience retail shops, and quick service and fast-casual restaurants; and provides other services, including lubricant bays, car washes, and ATMs. As of October 21, 2021, it operated 2,400 service stations in 23 countries under the Shell and Engen brands. The Commercial segment offers fuels, lubricants, and related products to commercial customers in the transport, construction, power and industrial, infrastructure, mining, aviation, and marine sectors; and supplies liquefied petroleum gas primarily to consumers and fuels to the wholesale market. The Lubricants segment sells lubricants to commercial customers and retail consumers through service station forecourts and lubricant bays, as well as oil and repair shops, service centers, and resellers through a network of distributors; supplies lubricants to mining companies and B2B customers; and exports products to approximately 10 other African markets. The company was formerly known as VE Holding plc and changed its name to Vivo Energy plc in April 2018. Vivo Energy plc was founded in 2011 and is based in London, the United Kingdom.

Product & Services

Fuel stations

Key People

John Daly, Chairman Christian Chammas, CEO

Financials

Revenue: US$ 8,458 million (2021)

Operating income: US$ 312 million (2021)

Net income: US$ 152 million (2021)