Saras reported results above consensus in a challenging environment, marked by tight crude differentials and lower middle distillates crack spreads. IMO 2020 is approaching, which is expected to improve margins in H2.
31 Jul 2019
Q2: major maintenance is over, margins improving
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Q2: major maintenance is over, margins improving
SARAS S.p.A. - Raffinerie Sarde (S7A:FRA) | 0 0 0.4% | Mkt Cap: 1,544m
- Published:
31 Jul 2019 -
Author:
Kevin VO -
Pages:
3
Saras reported results above consensus in a challenging environment, marked by tight crude differentials and lower middle distillates crack spreads. IMO 2020 is approaching, which is expected to improve margins in H2.