ORLEN Group makes high net profit in Q1 2021

The ORLEN Group ended the first quarter of 2021 with an operating EBITDA profit according to LIFO of PLN 2.4 billion and achieved approximately PLN 1.9 billion of net profit. This includes the effect of consolidation of the very good EBITDA of the Energa Group for PLN 0.8 billion. Revenues amounted to PLN 24.6 billion, despite lower crude oil processing by minus 19 percent, a decrease in sales by 11 percent, and lower fuel consumption caused by the Covid-19 pandemic.