Motor Oil's profitability soars in the first quarter of the year

Net profit after tax amounted to EUR 332.7 million compared to EUR 85 million in the same period last year. Revenue amounted to EUR 3,36 billion.

Motor Oils profitability soars in the first quarter of the year

This article is an AI translation of an original piece published in Greek. Read original

Motor Oil posted strong financial results in the first quarter of 2026, with the group reporting a significant increase in profitability and operating performance, benefiting from conditions in the energy market and improved refining margins.

The group’s revenue reached €3.36 billion in the January–March 2026 period, compared to €2.68 billion in the corresponding quarter of 2025, marking an increase of approximately 25%.

The picture was even more impressive in terms of operating profitability. Gross profit stood at €609.9 million, up from €186.6 million last year, while operating profit surged to €471.6 million compared to €133.3 million in the first quarter of 2025.

Pre-tax profits rose to €427.7 million from €113.4 million, while net profits after taxes stood at €332.7 million compared to €85 million in the corresponding period last year, nearly quadrupling.

 

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