Ampol (ASX:ALD, NZE:ALD) has committed to an initial AU$50 million cost reduction target for the current year as part of its productivity program, according to a Wednesday filing with the Australian bourse.
The company vowed to improve its technology-related spend and pledged to focus on on-the-go e-mobility and the potential for a renewable fuels industry in Australia, per the filing.
Price (AUD): $24.95, Change: $+0.84, Percent Change: +3.48%
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