Greece's Helleniq Energy's full-year adjusted core profit falls on lower margins

HELLENiQ ENERGY Holdings

27/02/2025 16:03

Feb 27 (Reuters) - Greek oil refiner Helleniq Energy HEPr.AT posted a 17% fall year-on-year in its adjusted core profit for 2024 on Thursday, despite a record refinery production, citing lower refining margins and crude oil prices.

The group reported full-year adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 1.03 billion euros ($1.07 billion), compared to 1.24 billion a year ago.

($1 = 0.9606 euros)

 (Reporting by Antonis Pothitos; Editing by Elaine Hardcastle)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))