Q3 comparable EBITDA came in at €122.4m (-24% yoy), beating consensus expectations (consensus: €111m). FY18 outlook update: • Refining: additional margin at $2.5-3.0/bl (increasing to c. $5/bl in 2020) • Power generation: Due to the maintenance work on “Gasifier-combined cycle Turbine” being postponed to next year, no major maintenance is expected for Q4. FY production should be around 4.30-4.40GWh (vs. 4.20-4.40GWh previously).
30 Oct 2018
High diesel crack spread
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High diesel crack spread
SARAS S.p.A. - Raffinerie Sarde (S7A:FRA) | 0 0 0.4% | Mkt Cap: 1,544m
- Published:
30 Oct 2018 -
Author:
Jie Zhang -
Pages:
3
Q3 comparable EBITDA came in at €122.4m (-24% yoy), beating consensus expectations (consensus: €111m). FY18 outlook update: • Refining: additional margin at $2.5-3.0/bl (increasing to c. $5/bl in 2020) • Power generation: Due to the maintenance work on “Gasifier-combined cycle Turbine” being postponed to next year, no major maintenance is expected for Q4. FY production should be around 4.30-4.40GWh (vs. 4.20-4.40GWh previously).