Petrolina expects improvement in final results 2024
30/12/2024 8:52
Petrolina (Holdings) Public Limited wishes to note that, based on the financial results available to date, profits for the second half of 2024 are expected to be increased compared to the first half of the year. The results for the entire year of 2024 from ongoing activities are also expected to be increased compared to the previous year.
The estimated increased profits for the entire year of 2024 compared to the previous year mainly arise from an increased profit margin and increased other income, as well as from the increased contribution of associated companies operating in the sector of aircraft refuelling. These parameters are significantly offset by increased operating costs and increased financing cost throughout the year.