Galp Energia’s profits rise to 155 ME – Last Minute

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The company ended the first quarter of this year with a net debt of 2.392 billion euros

Galp Energia obtained a net profit of 155 million euros in the first quarter of 2022, which compares with 26 million euros in the same period of the previous year and 130 million in the previous quarter.

Middle Cofina

In a statement sent to the Securities Market Commission, the oil company’s EBITDA rose 74% to 869 million euros, “driven by strong upstream performance and refining performance”. The company ended the first quarter of this year with a net debt of 2.392 billion euros, compared to 1.552 billion in the same period in 2021.

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Source: SÁBADO by www.sabado.pt.

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