Published by Global Banking & Finance Review®
Posted on August 7, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleHelleniq Energy's Q2 adjusted core profit fell by 5% due to reduced production and lower crude oil prices, despite better refining margins.
(Reuters) -Greek oil refiner Helleniq Energy on Thursday reported a 5% year-on-year decline in its adjusted core profit for the second quarter, citing reduced production from a scheduled full turnaround at the Elefsina refinery and weaker international crude oil prices, despite improved refining margins.
The group posted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 221 million euros ($257 million), compared with 232 million euros a year earlier.
(Reporting by Antonis Pothitos; Editing by Hugh Lawson)
Helleniq Energy reported an adjusted core profit of 221 million euros for Q2, a 5% decline from 232 million euros a year earlier.
The decline in adjusted core profit was attributed to reduced production from a scheduled full turnaround.
The adjusted EBITDA for Q2 was 221 million euros, compared to 232 million euros in the same quarter last year.
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