- In the third quarter, Motor Oil Hellas reported an adjusted profit after tax of €299 million, a significant increase from €114 million year-over-year.
- Revenue for the third quarter was €3.21 billion, marking a 2.6% increase compared to the previous year.
- The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter was €376 million, up from €130 million year-over-year.
- Adjusted EBITDA showed a remarkable growth of 97% year-over-year, reaching €390 million in the third quarter.
- Profit after tax recorded €289 million in the third quarter, a turnaround from a €139 million loss the previous year.
- For the first nine months, adjusted net income increased by 11% year-over-year to €512 million.
- Adjusted EBITDA for the nine months was €843 million, reflecting a 2.7% year-over-year increase.
- Total revenue for the nine-month period was €8.48 billion, representing a 9.5% decrease compared to the previous year.
- Net income for the first nine months increased to €451 million, up from €220 million year-over-year.
- Nine-month EBITDA was slightly down by 0.5% year-over-year at €764 million.
- Analysts’ recommendations consist of 9 buys, 3 holds, and 1 sell.
A look at Motor Oil Hellas Corinth Refin Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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 Refineries S.A., a refinery company, seems to have a positive long-term outlook based on the Smartkarma Smart Scores. With strong scores of 4 in both Value and Dividend, the company appears to be financially stable and capable of providing good returns to investors. Additionally, with a score of 4 in Momentum, Motor Oil Hellas Corinth Refineries S.A. seems to be experiencing positive growth in the market, indicating potential future success.
While the company’s Growth score of 2 suggests some room for improvement in terms of expansion and development, its Resilience score of 3 indicates a moderate level of ability to withstand economic downturns. Overall, Motor Oil Hellas Corinth Refineries S.A. appears to be a solid investment option for those seeking a balance of value, stability, and growth potential in the long run.
#### Summary: Motor Oil (Hellas) Corinth Refineries S.A. is a company focusing on refining crude oil and producing a wide range of petroleum products and lubricants, including light ends, gasoline, middle distillates, fuel, bitumen, and lubricants. ####
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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