0037 GMT - Ampol's convenience retail business in Australia stood out for Jefferies in the fuel refiner and marketer's 4Q update. Ampol said the Australia Convenience Retail business delivered mid-single digit percent Ebit growth in 2025. Analyst Michael Simotas says that's a credible outcome given tough trading conditions experienced last year. Moreover, the earnings result "gives us confidence in Ampol's ability to extract upside from the proposed EG transaction," Jefferies says. Ampol last year agreed to buy EG Australia for A$1.1 billion, in a move that expands its direct ownership of gas stations around Australia. The deal is being reviewed by Australia's competition regulator. Ampol is down 4.3% at A$27.89. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

January 28, 2026 19:37 ET (00:37 GMT)

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