Helleniq Energy EBITDA totals €968 mln in Jan-Sept

Helleniq Energy on Thursday reported strong nine-month results due to the favorable refining environment, operating performance and exports.

Adjusted EBITDA totaled 968 million euros and adjusted net income was €496 million in the January-September period, while third-quarter adjusted EBITDA was €400 million and adjusted net income was €218 million.

Helleniq’s third-quarter results were positively affected by its strong benchmark refining margins, exports, increased availability of refining units and satisfactory operating performance across the group’s businesses.

Its contribution increased in domestic marketing and in RES, on installed capacity growth.