HELLENiQ’s Q125 saw both weak refining margins and suppressed oil products sales due to inventory build ahead of a turnaround at its Elefsina refinery. The company reported adjusted EBITDA of €180m (down 47% y-o-y), and adjusted net income of €55m (down 66% y-o-y). Refining sales volumes reached 3.

22 May 2025
HELLENiQ ENERGY:Elefsina upgrades to drive margins higher

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HELLENiQ ENERGY:Elefsina upgrades to drive margins higher
- Published:
22 May 2025 -
Author:
Andrew Keen | Nick Paton -
Pages:
2 -
HELLENiQ’s Q125 saw both weak refining margins and suppressed oil products sales due to inventory build ahead of a turnaround at its Elefsina refinery. The company reported adjusted EBITDA of €180m (down 47% y-o-y), and adjusted net income of €55m (down 66% y-o-y). Refining sales volumes reached 3.