- Neste’s adjusted EBITDA for the second quarter was EUR 341 million, exceeding the estimate of EUR 302.7 million.
- Total revenue came in at EUR 4.51 billion, which was below the expected EUR 4.92 billion.
- The comparable sales margin per ton for renewable products was $361.
- Renewable Products segment achieved an adjusted EBITDA of EUR 174 million, surpassing the anticipated EUR 111.5 million.
- Oil Products segment recorded an adjusted EBITDA of EUR 135 million, which was lower than the estimate of EUR 163.3 million.
- Marketing & Services segment reported an adjusted EBITDA of EUR 32 million, above the forecasted EUR 25.3 million.
- Sales volumes increased to 3,021 thousand tons from 1,524 thousand tons, attributed to a turnaround in Porvoo during the previous year’s period.
- Despite weaker margins compared to the previous year, Renewable Products benefited from increased sales volumes.
- Current analyst ratings include 13 buys, 11 holds, and 3 sells.
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A look at Neste Oyj Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
Analysts utilizing the Smartkarma Smart Scores foresee a promising long-term outlook for Neste Oyj, the independent northern European oil refining and marketing company. With a strong momentum score of 5, Neste Oyj is showing positive growth potential and market traction. Despite a more moderate growth score of 3, the company still demonstrates resilience and a solid value proposition, scoring 4 in the value category. However, its dividend score of 2 suggests a more cautious outlook for investors seeking immediate returns. Overall, Neste Oyj‘s strategic focus on high-quality, environmentally friendly petroleum products positions it well for future growth and sustainability in the energy sector.
In summary, Neste Oyj is known for its commitment to producing high-quality traffic fuels and other petroleum products with reduced environmental impact. The company’s Smartkarma Smart Scores reflect a favorable combination of value, growth potential, resilience, and strong market momentum, indicating a positive outlook for long-term investors looking to capitalize on sustainable energy trends in the European market.
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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