Motor Oil results for first quarter of 2025; dividend distribution
ECONOMY /Δευτέρα 26 Μαΐου 2025, 18:30:46 / Source: ANA-MPA

Motor Oil Group's operating profits totalled 202 million euros in the first quarter of 2025, while net profits totalled 85 million euros, down compared to the first quarter of 2024, due mainly to a decrease in international refining margins.
According to results announced on Monday, sales (domestic and international) dropped to 2.9 million metric tons from 3.2 million tons in the first quarter of 2024. Also noted is that the Group foresees increasing investments to 500 million euros in 2025 compared to 315 million euros in 2024.
The board of managers proposed that a dividend of 1.4 euros per share be distributed at the general shareholders meeting convening in June. Of the 1.4, 0.3 euro was pre-distributed in January.
(File photo)
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