The Renewables segment was disappointing as hedging losses combined with logistical problems in late September led to margin realizations below the company’s guidance. The comparable EBITDA was supported by the oil products segment where margins remained resilient and cash flow from operations benefited from a working capital release of €347m despite a negative inventory impact. Volatility in both the renewables and oil products segments will continue in Q4 but sales are expected to remain resil ....
