Orlen Lietuva's EBITDA for the second quarter – 31 million. USD



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Despite the highly tempered macroeconomic situation in the market, AB Orlen Lietuva has worked successfully in the second quarter of the year: 1.281 billion litas The business figure in USD, l '; LIFO EBITDA stands at 31 million euros. USD

According to the press release, sales volumes in the domestic markets increased significantly in Lithuania (8%) and Estonia (13%). This represents a 34% increase in revenues compared to the same period last year ($ 954 million).

The main event of the quarter has ended with the planned factory repair. During this project, we have completed a number of important upgrades and are already seeing positive results. Michal Rudnickis, managing director of Orlen Lietuva

The main objective of this repair was to ensure continuous continuous operation of plant facilities in the future and the index use of capacity.

Orlen Lithuania's Income First 2018 quarter was $ 1.232 billion, 22% higher than at that time in 2017 (US $ 1,013 billion). The company's net profit stands at 72% against 43 million. USD in the first quarter of last year to 12 million USD for the first three months of the year.

The company's profit for lease, taxes, depreciation and amortization was 54 million. USD or 65% less than in the first three 2017

In the first quarter, the capital investment of the company (CAPEX) rose to 14 million. USD

Orlen Lithuania is the largest Lithuanian ambbadador, exporting most of the production and paying the highest taxes. Since 2006 Polish PKN Orlen has invested nearly 4 billion dollars. USD Maeik oil refinery to buy refineries for additional investment


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