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Today published its third quarterly Mol flash report, the key points are:
- Estimated “net” EBITDA at the buyback prices most monitored by market participants was HUF 29 billion, that is It was 19 percent above average analyst expectations..
- The “net” operating profit also exceeded the agreed market profit of HUF 33.8 billion and amounted to HUF 56.8 billion, which 68 percent higher than previously expected, and operating profit was also higher than analysts expected.
- A Consumer services segment expressly performs stronglyt, in general, all three segments exceeded expectations. The good performance of the Consumer Services and Gas segment partially offset the quarterly decline in refining trade and, therefore, at the Group level I was only 9 percent behind Group-level adjusted EBITDA for the third quarter in a challenging environment from last year.
- In light of the positive data compared to the previous quarter there have also been two major changes on the one hand, instead of the EBITDA band of $ 1.7-1.9 billion from the previous quarter It is valued at around $ 1.9 billion. On the current guideline, on the other hand, free cash production is also expected to hit its upper limit of around $ 0.4 billion this year, instead of the $ 0.2-0.4 billion range given above.
As a result of the quick report Mol’s share price skyrocketed, pocketed investors’ shares. It is currently 4.6 percent higher, along with 42.3 percent lower this year.
Cover Image: Martin Divisek / Bloomberg via Getty Images
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