Hellenic Petroleum 1Q Net Profits Down 25% On Warm Winter (10/05/2007)

Πεμ, 10 Μαΐου 2007 - 09:54
Greece's largest oil refiner Hellenic Petroleum said yesterday that its first-quarter net profits fell 25 percent, in line with market expectations, as a warm winter slowed sales. Net profits dropped to 55 million euros, compared to analysts' average forecast of 48 million euros. Sales rose 8 percent to 1.9 billion euros.