Repsol doubles its profit to 2,539 million euros

Repsol doubles its profit to 2,539 million euros


The company has doubled profits of 1,235 million euros from the same period last year, and has cut its net debt to 5,031 million euros.

Euskaraz irakurri: Repsolek 2,539 milioi euro lortu, eta bere irabaziak bikoiztu ditu

Repsol has obtained a net profit of 2,539 million euros in the first half of the year. Likewise, the company has doubled its earnings of 1,235 million euros for the same period last year.

Repsol’s adjusted net income up to June, which specifically measures the performance of business, stood at 3,177 million euros, with a contribution from international business of approximately 56%. The main exponent has been the area of ​​exploration and production, which develops all its activity outside of Spain.

Repsol’s profit growth almost tripled compared to the first six months of the previous year. The good results are a consequence of the progressive rise in prices of hydrocarbons and their derivatives, mainly conditioned by the tensions generated by the war in Ukraine.

Thanks to the profits obtained, the company has cut his debt net to 5,031 million euros.


Source: Eitb

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