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Finance

Greece's Helleniq Energy reports 5% drop in Q2 adjusted core profit

Published by Global Banking and Finance Review

Posted on August 7, 2025

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(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)

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