Repsol The company posted a net profit of €1.626 billion up to June, 14.5% more than in the same period in 2023, which was marked by falling demand and the stabilisation of raw material prices after they became significantly more expensive due to the war in Ukraine.
As reported this Wednesday to the National Securities Market Commission (CNMV) and EFE has reported that the adjusted net result, which specifically measures the performance of business, fell by 21.8%, to 2,126 million, in a context conditioned by low gas prices and lower refining margins.
Repsol has also announced a second buyback program and a capital reduction, through the amortization of own shares, of 20 million shares for the second half of the year, with which it seeks to support the shareholder remuneration of the company by increasing earnings per share.
Source: www.vozpopuli.com
