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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Z lifts profit margins as it loses market share

Z Energy's chief executive Mike Bennetts is cagey on whether his company is prepared to continue to lose market share to maintain profit margins. With special feature audio.

Jenny Ruth
Fri, 13 May 2016

Z Energy’s [NZX: ZEL] fuel profit margins continued to climb as it lost market share during the year ended March.

The company’s petrol volumes fell 3% as the industry volumes rose 2% in the year, and Z’s diesel volumes fell 5% against flat industry volumes.

At the same time, its average profit

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Jenny Ruth
Fri, 13 May 2016
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Z lifts profit margins as it loses market share
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