Lotos with PLN 1.08 bln EBITDA for Q2 2018

Fuel giant Grupa Lotos posted preliminary EBITDA for Q2 2018 at PLN 1.08 billion and consolidated operating profit (EBIT) at PLN 0.89 billion. The company’s consolidated EBITDA LIFO excluding one-off items is estimated at PLN 0.82 billion, including PLN 0.58 billion for production and retail and PLN 0.24 billion for the extraction segment. Lotos reported preliminary consolidated revenue at PLN 7.53 billion for Q2 2018.