A very good first quarter for 2026 was recorded by the Revoil Group in all its key financial figures, with special mention being made of pre-tax profits, which closed at 1,816 thousand euros from 431 thousand in the corresponding quarter of 2025, recording an increase of 321% as a result of:
a) the improvement of the Parent company's commercial activity with the significant increase in fuel sales volumes by 8.15% compared to the corresponding quarter last year.
b) the positive contribution to revenues from the management of inventories of the Parent company.
c) the contribution of MALTEZOS by € 525 thousand, which was incorporated into the Group in November 2025 and consequently is not included in the results of the 1st quarter of 2025.
In the first quarter of 2026, the REVOIL Group followed the upward course of 2025 in terms of commercial performance, with total fuel quantities sold recording an increase of 8.15%.
The Group's turnover amounted to € 241,938 thousand in the first quarter of 2026 from €222,037 thousand in the corresponding quarter of 2025, showing an increase of 8.96% 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, increased by 34.70% compared to the corresponding figure of € 7,806 thousand in the previous year.
Earnings before taxes, financing, investment results and depreciation (EBITDA) amounted to € 4,682 thousand in the first quarter of 2026 versus € 3,208 thousand in the corresponding quarter of 2025, recording an increase of 45.96%.
It should be noted that the impact of the Renewable Energy Sources (RES) Sector through the subsidiary company “Rev Energy Group AE” on the Group's pre-tax profits remained negative by €258 thousand. mainly due to a) the significant curtailments during the 1st quarter in the grid, as well as b) the financial expenses (Letters of Guarantee commissions) and operating expenses burdening RES projects which do not yet contribute cash flows to the Group, as they are either at the stage of completion of their construction (indicatively a 3MW wind park in Boeotia) or are in a waiting phase for the granting of connection terms by ADMIE (energy storage projects of 174 MW).
The good commercial start to the year is estimated to continue also due to the encouraging signals from the market regarding the course of tourism in the summer months, while the de-escalation of prices and balance at lower levels will also help sales. In any case, the Revoil Group is implementing its business plan across all three pillars of its activity, with increased market shares and revenues in the petroleum products market, investments in renewable energy sources through the 100% subsidiary Rev Energy Group, and commercial growth and increased profitability of the subsidiary MALTEZOS.