COMÉRCIO & INDUSTRIA - A REPSOL EM NUMEROS

Sexta, 27 Julho 2018 09:06 | Actualizado em Quarta, 08 Novembro 2023 18:48

REPSOL EARNINGS INCREASE 46%  TO 1.546 BILLION EUROS 
 
 
 Repsol's net income was 1.546 billion euros between January and June 2018, representing an increase of 46% compared with the same period of the previous year, and the highest profit recorded for this period in the last decade.  Adjusted net income, which specifically measures the performace of the company’s businesses, increased by 12% to 1.132 billion euros, while EBITDA rose to 3.811 billion euros after a 23% increase.  The company increased its hydrocarbon production by 6% during the first six months of the year, reaching an average of 724 thousand barrels of oil equivalent per day.   Earnings from the Upstream unit (Exploration and Production) increased by 91% as a result of higher production and efficiency measures implemented in recent years, as well as rising international prices.  The Downstream unit (Refining, Chemicals, Marketing, Lubricants, Trading, LPG and Gas & Power) demonstrated its strength with earnings of 762 million euros, supported by significant improvements in the areas of Marketing, Trading and Gas & Power, and LPG.   Net debt decreased by 64% compared to June 30th, 2017, to 2.706 billion euros at the close of the first half of 2018; a period in which Repsol's shares rose 14%, outperforming the Ibex 35 by 18 percentage points and among the best in the industry in Europe.
 
647 Upstream earnings increase by 91% million euros
6.9 Refining margin indicator, among  the best in Europe dollars per barrel
14% Increase in Repsol share value in the first