Hellenic Petroleum to Announce Record EBITDA

Hellenic Petroleum, Greece's biggest oil refiner, expects to report a record profit, its chief executive said on Friday.

 

"We will announce record EBITDA in the coming days," the company's chief executive, Grigoris Stergioulis, told a Greek radio station.

 

Hellenic Petroleum reported last year EBITDA of 240 million euros ($258.55 million) for the third quarter versus 146 million in the previous year.

 

It is due to release full-year results on Feb. 25.


(Reporting by Angeliki Koutantou; Editing by Greg Mahlich)