Edition:
United Kingdom

Galp Energia Q2 Adjusted EBITDA Up 38 Pct YoY


Monday, 30 Jul 2018 

July 30 (Reuters) - Galp Energia SGPS SA ::Q2 ADJUSTED. NET PROFIT 251 MILLION EUROS VERSUS 154 MILLION EUROS YEAR AGO.Q2 EBITDA 628 MILLION EUROS VERSUS 456 MILLION EUROS YEAR AGO.Q2 REFINING MARGIN $6.1/BARREL VERSUS $5.7/BARREL YEAR AGO.UPDATES 2018 EBITDA GUIDANCE TO ABOVE 2.1 BILLION EUROS.SEES 2018 GALP REFINING MARGIN AT BETWEEN $4.5/BOE TO $5.5/BOE.UPDATES FY2018 CAPEX GUIDANCE TO 1.0 BILLION EUROS - 1.1 BILLION EUROS.SEES TO KEEP FY2018 PRODUCTION GUIDANCE.SEES THREE NEW FPSOS STARTING PRODUCTION DURING H2.