Greece’s largest oil refiner, Hellenic Petroleum, has posted strong results both for Q2 and H1 2016.
The results, released on Thursday, showed that in Q2 2016, group adjusted EBITDA was 156 million euros, an increase of 20 percent in the Q2 2015 figure of 130 million euros.
This led adjusted EBITDA for H1 2016 to come to 326 million euros despite the significant drop of Med benchmark FCC and hydrocracking refining margins by 35 percent and 12 percent respectively and weaker domestic market demand.
Share this:
