HELLENIC PETROLEUM
Higher production and sales for Hellenic Petroleum: Key factors for the improved results were stronger benchmark margins
HELLENIC PETROLEUM Group announced second quarter and first half financial results, with 2Q17 Adjusted EBITDA at €228m (+46%) and Adjusted Net Income at €98m, significantly up compared to last year, while 1H17 Adjusted EBITDA came to €457m (+40%) and Adjusted Net Income to €224m (vs €108m in 1H16). Refining, Supply & Trading performance was the […]
Reported Net Income at €124m, up by +287.5%; higher production and sales for Hellenic Petroleum at first quarter
HELLENIC PETROLEUM Group announced strong financial results, according to IFRS, with 1Q17 Adjusted EBITDA at €229m (+35%) and Adjusted Net Income at €126m (+80%). Benchmark refining margins remained at high levels and operational performance was improved in all Group activities.
Reported Net Income at record high of €329m for ELPE in 2016 despite weaker benchmark refining margins by 25%
HELLENIC PETROLEUM Group announced its FY16 results, according to IFRS. In FY16, the Group achieved significantly higher profitability, for the second consecutive year, following losses in 2013 and 2014, despite a 25% drop in benchmark refining margins, reporting the strongest reported results on record; Reported EBITDA came in at €836m, while Net Income amounted to […]
Hellenic Petroleum is declared “Selected Applicant” for block 10, offshore W. Greece
The Ministry of Environment & Energy today, in the context of the 2nd International Round, declared HELLENIC PETROLEUM as the “Selected Applicant” for the offshore block 10, W. Greece, Kyparissiakos Gulf.