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Motor Oil financial performance

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2026-08-25 17:19 UTC → 2026-08-27 07:38 UTC · added removed

Motor Oil reported strong record financial results for the first half of 2026, showing characterized by significant growth across key metrics. in refining margins and sales volumes. The Group’s turnover reached €7.524 billion, representing a 43% 42.89% increase compared to the €5.266 billion recorded during the same period in 2025. EBITDA rose by 170.3% to €1.047 over €1 billion, up from €387 million in the previous year, while net year. Net profits after minority interests were reported at €686 taxes surged to approximately €689 million, compared to €162 €163 million in H1 2025. On an adjusted basis, excluding the impact of inventory valuation, EBITDA stood at €967 million. The company attributed this performance to the full recovery of refinery production capacity and increased refining margins for gasoline and diesel, which were influenced by geopolitical tensions in the Middle East and Ukraine. The fuel sector recorded revenues of €5.83 billion, International and consumer services maritime sales reached €2.53 billion. Additionally, the company’s installed were a significant driver, accounting for 78.10% of total volume. The company also expanded its renewable energy footprint, reaching an installed capacity reached of 1,020 MW. MW by the end of June, with energy production increasing by 37% to 973,337 MWh. The electrification segment also saw growth, with EBITDA rising to €94 million from €42 million in the prior year. Regarding shareholder returns, Deputy CEO Petros Tzannetakis indicated that the record profits are expected to lead to increased interim and final dividends, though no extraordinary dividend is planned. Additionally, the company noted that a decision remains pending regarding the potential extension of fuel discounts at refineries.

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  1. 2026-08-27 07:38 UTC Motor Oil financial performance
  2. 2026-08-25 17:19 UTC Motor Oil financial performance

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