Following the acquisition of OTR Group and integration of Coles Express, analysts at Jefferies see additional growth for Viva Energy, an Australian company.

The company announced on Tuesday the completion of the Coles Express deal and anticipates the OTR acquisition by the year’s end.

Jeffries predicts that shop sales contribution will drive earnings growth as Coles Express integration and improvement initiatives advance.

Commercial operations remain the core strength of the country’s second biggest fuel retailer, Jefferies points out.

The brokerage notes that the planned repair of the Geelong refinery in early September is progressing well.

Jefferies also identifies the potential for inorganic growth in Viva Energy’s Commercial & Industrial operations.

As of its last close, the company’s stock has risen 13.6% this year.

Viva Energy (ASX:VEA) is Australia’s second largest fuel retailer.