Repsol earnings increase 46% to 1.546 billion euros

  • Repsol’s net income was 1.546 billion euros between January and June 2018, representing an increase of 46% compared with the same period of the previous year, and the highest profit recorded for this period in the last decade.
  • Adjusted net income, which specifically measures the performace of the company’s businesses, increased by 12% to 1.132 billion euros, while EBITDA rose to 3.811 billion euros after a 23% increase.
  • The company increased its hydrocarbon production by 6% during the first six months of the year, reaching an average of 724 thousand barrels of oil equivalent per day.

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