Beyond caring for our people and planet, we also place a strong emphasis on our performance. For SHV, that means driving value creation through sustainable financial returns on capital, supported by disciplined execution across all our business units.
This chapter presents SHV’s consolidated financial results for 2025. This includes an overview of market circumstances, and a summary of performance and strategic execution at each Group. It also outlines the risk management framework that supports the Group’s long‑term resilience and consistent performance. We conclude with a review of historical trends on page 66.