Slovenia's Petrol Jan-Sept net profit up 5 pct (updated)

Petrol dd Ljubljana

17/11/2017 07:40

(Updates with quote, details) 
    LJUBLJANA, Nov 17 (Reuters) - Slovenia's Petrol  PETG.LJ  
saw a 5 percent rise in group net profit to 60.3 million euros 
($71.2 million) and a jump in sales in the first nine months of 
2017, the fuel retailer said on Friday. 
    Net sales rose to 3.3 billion euros from 2.7 billion a year 
ago, the company said in a statement, attributing the rise 
mainly to higher oil prices. 
    "In Slovenia and Croatia the economic conditions are 
improving, while other countries in southeastern Europe, which 
are Petrol's markets, are still facing very difficult economic 
conditions, low purchasing power and high unemployment," Petrol 
said. 
    The company operates about 492 filling stations in Slovenia, 
Croatia, Serbia, Bosnia, Montenegro and Kosovo. 
    ($1 = 0.8470 euros) 
 
 (Reporting by Marja Novak; editing by Adrian Croft and Jason 
Neely) 
 ((Marja.Novak@thomsonreuters.com; +386-1-5058805, Reuters 
Messaging: marja.novak.thomsonreuters.com@reuters.net)) 
 
Keywords: PETROL RESULTS/