Earnings Alerts

Motor Oil Hellas Corinth Refin (MOH) Earnings Decline: 2Q Profit After Tax Drops 32% YoY

  • Motor Oil Hellas reported an adjusted profit after tax of €117 million in the second quarter, representing a decrease of 32% year-over-year.
  • Total revenue for the period was €2.59 billion, marking a decline of 21% compared to the previous year.
  • EBITDA for the quarter was €186 million, which is a reduction of 35% year-over-year.
  • Adjusted EBITDA fell by 18% year-over-year, totaling €237 million.
  • The company’s profit after tax stood at €77 million, a significant drop of 54% from the previous year.
  • Investment analysts have shown varied opinions with 9 buy ratings, 3 hold ratings, and 1 sell rating for the company’s stock.

A look at Motor Oil Hellas Corinth Refin Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Motor Oil Hellas Corinth Refin has a promising long-term outlook based on the Smartkarma Smart Scores. With a strong score of 4 for Value and a perfect score of 5 for Dividend, the company shows solid fundamentals and a commitment to rewarding its investors. Additionally, a score of 4 for Momentum suggests positive market momentum and investor sentiment, contributing to the company’s overall positive outlook.

Although Growth and Resilience scores are slightly lower at 3, Motor Oil Hellas Corinth Refin continues to maintain stability and moderate growth potential in the industry. Overall, the company’s diversified range of refinery products, including petroleum products and lubricants, positions it well for sustained success in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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