Tag: Julian Segal

Caltex to reduce costs across business

Economic weakness, soft retail fuel margins, lower refining margins and outages have impacted Caltex’s performance in the first half of 2019, says Managing Director and CEO Julian Segal. Mr Segal says that while...

Caltex releases first quarter trading update

Caltex Australia has announced its 2019 first quarter result, in conjunction with its annual general meeting. Caltex says the results are “in line” with the March update, although “down” on those of the...

Caltex on technology drive ‘to increase loyalty’

Caltex Australia is investing heavily in technology in the hope that boosting convenience will have a knock-on effect on loyalty. Among its tech-driven ambitions are petrol-payment apps and automatic number-plate recognition, which could...

Caltex announces 2018 full-year results and buyback

Caltex has announced its financial results for the 12 months ending December 31, 2018. The company says its RCOP (replacement cost of sales operating profit) NPAT (net profit after tax) result of $558...

Caltex and Woolworths plan to lead market

Caltex and Woolworth have announced a long-term strategic alliance across convenience, wholesale food, redemption, loyalty and fuel supply. The businesses say they hope to create a “market-leading convenience offering”. Under the agreement, they will...

Caltex boosts Victorian fuel-supply reliability

Caltex completed a $75 million upgrade of its Newport terminal in Melbourne last week and says the major piece of infrastructure underpins economic activity in Victoria and improves local road safety. Caltex Australia...
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