Fuel company is starting to see a recovery from the lockdown on its pan-African business
Vivo Energy, which operates the Shell and Engen brands in 23 African countries, hopes to resume dividend payments later this year if a rebound in sales volumes and margins seen in June continues in the next months.
The company, which on Tuesday published its results for the six months to June, said it had a good start to the year before the Covid-19 pandemic reached African shores.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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