The Revoil Group posted a very strong first quarter for 2026 across all key financial metrics, with pre-tax profits standing out at 1,816 thousand euros, up from 431 thousand in the corresponding quarter of 2025, marking a 321% increase resulting from:
a) the improvement in the Parent Company’s commercial activity, with a significant 8.15% increase in fuel sales volume compared to the corresponding quarter of the previous year;
b) the positive contribution to revenue from the Parent Company’s inventory management.
c) the contribution of MALTEZOS in the amount of €525 thousand, which was consolidated into the Group in November 2025 and, consequently, is not included in the results for the first quarter of 2025.
In the first quarter of 2026, the REVOIL Group continued the upward trend of 2025 in terms of commercial performance, with total fuel sales volumes recording an increase of 8.15%.
The Group’s revenue amounted to €241,938 thousand in the first quarter of 2026, up from €222,037 thousand in the corresponding quarter of 2025, representing an 8.96% increase that reflects the rise in the Group’s fuel sales volumes as well as international fuel prices.
The Group’s gross profit amounted to €10,515 thousand, an increase of 34.70% compared to the corresponding figure of €7,806 thousand in the previous fiscal year.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to €4,682 thousand in the first quarter of 2026, compared to €3,208 thousand in the corresponding quarter of 2025, marking an increase of 45.96%.
It should be noted that the impact of the Renewable Energy Sources (RES) segment through the subsidiary “Rev Energy Group S.A.” on the Group’s pre-tax earnings remained negative at €258,000, mainly due to a) significant cuts to the grid during the first quarter, as well as b) financial expenses (commissions on Letters of Guarantee) and operating expenses associated with renewable energy projects that do not yet contribute cash flow to the Group, as they are either in the final stages of construction (for example, a 3 MW wind farm in Boeotia) or are awaiting the issuance of grid connection terms by ADMIE (174 MW energy storage projects).
The strong commercial start to the year is expected to continue, partly due to encouraging market signals regarding the trajectory of tourism during the summer months, while the stabilization of prices at lower levels will also help sales. In any case, the Revoil Group is implementing its business plan across all three pillars of its operations, with increased market share and revenue in the petroleum products market, investments in renewable energy sources through its wholly-owned subsidiary Rev Energy Group, and commercial growth and increased profitability at its subsidiary MALTEZOS.