Romania: MOL’s diesel sales, up by 12 pc in H1

MOL Romania’s fuel retail sales continued to grow up by 12 percent in the first half of the year, while the gas sales increased by 1 percent, compared with the first half of 2016.

Overall, the net profit of MOL group was USD 639 million in the first half of the year, the highest from the last 10 years.

Overall, Mol group improves its estimations on Ebitda result for 2017 to over USD 2.3 billion, as a result of the balance from the first semester.

The Ebitda was USD 1.3 billion in the first semester of 2017, with a high contribution of all business segments.

All the business segments are growing, which generate a growth by 23 percent of the operational results (clean CCS Ebitda) compared with the similar period of 2016.

The segment Gas Midstream (natural gas transport) generated an Ebitda of HUF 31 billion (USD 107 million), a growth by 12 percent compared with the first semester of 2016, based on considerable higher volumes and higher revenues from the tax of transport usage.

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