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27 July 2021 VIVO ENERGY Vivo Energy plc , the pan - African retailer and marketer of Shell and Engen - branded fuels and lubricants , today announces its consolidated financial results for the six months ended 30 June 2021 . Christian Chammas , CEO of Vivo Energy plc , commented : " Our strong performance during HI 2021 further demonstrates the strength of our business and the resilience of the African continent . There is real momentum in the business and we delivered adjusted EBITDA of $ 220 million , 57 % above HI 2020 , and notably 4 % above HI 2019. My thanks go out to all our teams for their efforts in staying safe whilst driving the business forward in the face of the continuing uncertainty created by COVID - 19 . We have shown once again that we can adapt to the changing operating environment whilst simultaneously supporting future earnings growth , opening 81 net new sites in the first half and continuing to broaden our customer offerings . As we move into the second half we are watchful of the potential impacts of COVID - 19 , but still expect Retail to lead the recovery and are demonstrating our confidence in our business by both investing in growth and delivering growing returns to shareholders . " KEY PERFORMANCE INDICATORS ! ( $ in millions ) , if not otherwise indicated Volumes ( million litres ) Revenues Gross Profit Gross Cash Unit Margin ( $ / ' 000 litres ) Gross Cash Profit EBITDA Adjusted EBITDA Financial Highlights ● Vivo Energy plc ( LSE : VVO & JSE : VVO ) 2021 Half Year Results ● Vivo Energy plc 5th Floor The Peak Six - month period ended 30 June 2021 5,009 3,989 5 Wilton Road London , SWIV IAN , United Kingdom 343 77 www.vivoenergy.com 385 219 220 76 6 Net Income + 485 % Diluted EPS ( US cents ) + 500 % Adjusted Net Income + 381 % Adjusted Diluted EPS ( US cents ) I + 500 % Refer to the non - GAAP financial measures definitions and reconciliations to the most comparable IFRS measures on pages 11 and 12 . 77 Six - month period ended 30 June 2020 4,618 3,375 261 6 65 300 136 140 13 I ● Adjusted EBITDA was $ 220 million , 57 % higher than HI 2020 , with EBITDA of $ 219 million Net income increased to $ 76 million ( HI 2020 : $ 13 million ) ● Adjusted diluted EPS and basic headline EPS were both 6 US cents Interim dividend per share of 1.7 US cents declared , in line with enhanced policy Net debt / adjusted EBITDA ratio decreased to 0.77x at 30 June 2021 ( FY 2020 : 0.86x ) 16 Change + 8 % + 18 % Revenues increased by 18 % to $ 3,989 million ( HI 2020 : $ 3,375 million ) Gross cash profit was higher at $ 385 million ( HI 2020 : $ 300 million ) as both volumes and unit margins rebounded from the initial impacts of COVID - 19 lockdowns in HI 2020 Volumes sold rose 8 % , as mobility restrictions eased compared to HI 2020 Gross cash unit margin of $ 77 per thousand litres ( HI 2020 : $ 65 ) , remained strong + 31 % + 18 % + 28 % + 61 % + 57 %