Neste rises on Q3 core profit beat, helped by improved demand

Neste Oyj

29/10/2025 08:13

** Shares in Neste NESTE.HE rise 8% after the Finnish biofuel maker and oil refiner booked a quarterly core profit above estimates, citing an improvement in demand despite lower prices

** Neste posts its Q3 comparable EBITDA at 531 million euros ($619.25 million), beating analysts' average forecast of 471.5 million euros

** It cites a stronger European market and increased demand

** RBC analysts expect investors to focus on the renewable product sales margin of $480 per tonne for the quarter, a number that beat an average forecast of $440

** "With spot margins remaining strong, feedstock pricing improving recently, and some positive regulatory developments brewing, management commentary on margin outlook into 2026 will be keenly watched today", the broker says

** Neste shares rise 64% year-to-date to the highest level since September 2024

($1 = 0.8575 euros)

(Reporting by Boleslaw Lasocki)

((boleslaw.lasocki@thomsonreuter.com; +48 58 769 66 00;))