Q3 adjusted EBITDA came in at €191m (-20% yoy), above consensus estimates. By division: Refining: EBITDA was €124m (-25% yoy). Net production was 3.9mt (vs. 3.4mt in Q3 15). The benchmark margin was $3.9/bbl (vs. $6.4/bbl in Q4 15, during an exceptional year) and the additional margin was $4.4/bbl (Q3 15: $5.9/bbl); Petrochemicals: adj. EBITDA came in at €25m (-4% yoy); 3) Marketing: adjusted EBITDA at €44m (vs. €47m in Q3 15). The adjusted net income was €
10 Nov 2016
Q3 exports at 57%
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Q3 exports at 57%
HELLENiQ ENERGY Holdings S.A. (0K9U:LON) | 0 0 0.0%
- Published:
10 Nov 2016 -
Author:
Marzio Foa -
Pages:
2
Q3 adjusted EBITDA came in at €191m (-20% yoy), above consensus estimates. By division: Refining: EBITDA was €124m (-25% yoy). Net production was 3.9mt (vs. 3.4mt in Q3 15). The benchmark margin was $3.9/bbl (vs. $6.4/bbl in Q4 15, during an exceptional year) and the additional margin was $4.4/bbl (Q3 15: $5.9/bbl); Petrochemicals: adj. EBITDA came in at €25m (-4% yoy); 3) Marketing: adjusted EBITDA at €44m (vs. €47m in Q3 15). The adjusted net income was €