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Slovenia's Petrol 9-mo net profit rises 16%

Slovenia's Petrol 9-mo net profit rises 16% Northfoto/Shutterstock.com

LJUBLJANA (Slovenia), November 15 (SeeNews) – Slovenian energy group Petrol [LJE:PETG] said on Friday its consolidated net profit rose 16% on the year to 80.1 million euro ($88.2 million) in the first nine months of 2019.

The Petrol Group's sales revenue for January-September period rose totalled 4.2 billion euro, up from 3.8 billion euro in 2018, Petrol said in a bourse filing.

The nine-month EBITDA totalled 170.9 million euro, a 38% increase over the same period of 2018.

($ = 0.9084 euro)

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