HELLENiQ ENERGY Holdings 2Q/1H 26 Fin. Results
Rhea-AI Summary
HELLENiQ ENERGY (OTC:HLPMF, HLPTY, HLPXF) reported strong 2Q26 and 1H26 results, with 2Q26 Adjusted EBITDA doubling year-on-year to €442m and Adjusted Net Income at €253m. For 1H26, Adjusted EBITDA reached €734m and Adjusted Net Income €393m, supported by improved Refining, Petrochemicals, Marketing and Power performance, as well as Enerwave consolidation.
The company maintained continuous fuel supply through diversified crude sourcing and flexible refinery operations, increasing diesel and jet fuel exports by 35% and directing 48% of total 2Q26 product sales (1.7m MT) to exports. Total investments were €226m in 2Q26 and €407m in 1H26, largely for refinery maintenance/upgrades and renewables. Net debt decreased to €1.97bn (36% gearing), about €0.7bn lower quarter-on-quarter, including €0.4bn of RES project finance.
Refining Adjusted EBITDA rose 95% to €318m, Petrochemicals Adjusted EBITDA increased to €24m from €11m, and Marketing delivered higher domestic EBITDA (€21m) and record international EBITDA (€38m). Renewables, Power and Gas Adjusted EBITDA doubled to €22m, with total RES and thermal capacity at 1.4 GW and 0.8 TWh electricity production. HELLENiQ ENERGY also signed an agreement with Chevron for 70% participation in offshore Block 10, advanced RES and storage projects, and approved a €25m donation plus temporary fuel discounts to support Greek consumers and wildfire-affected areas.
Positive
- 2Q26 Adjusted EBITDA €442m, up 100% year-on-year
- 1H26 Adjusted EBITDA €734m, up 83% year-on-year
- 2Q26 Adjusted Net Income €253m, up from €72m in 2Q25
- Refining Adjusted EBITDA €318m, +95% versus 2Q25
- Petrochemicals Adjusted EBITDA €24m, up from €11m year-on-year
- Net debt reduced to €1.97bn, down ~€0.7bn quarter-on-quarter and 17% versus FY25
- Total investments €226m in 2Q26 and €407m in 1H26, up 44% and 82% year-on-year
- International Marketing Adjusted EBITDA €38m, described as record high
- Renewables/Power/Gas Adjusted EBITDA €22m, versus €11m in 2Q25
- Power production 818 GWh in 2Q26, up from 188 GWh in 2Q25
Negative
- Domestic fuel demand in Greece down 6% year-on-year in 2Q26, mainly from lower heating oil demand
News Explained
Approved wildfire support is €25m, fuel discounts are expected to cost over €20m, and reported EBITDA includes accounting inventory gains.
The company reports that its temporary fuel-discount initiative is expected to cost
The release separately reports
The
AI-generated analysis. How Rhea-AI works. Not financial advice.
Second Quarter / First Half 2026 Results
Focus on managing the energy crisis through alternative crude sourcing and seamless products supply in all of our markets - Strong results with Adjusted EBITDA at
Key results highlights
- 2Q26 Adjusted EBITDA at
€442m and Adjusted Net Income at€253m , with improved performance in Refining, Petrochemicals and Marketing, as well as Enerwave consolidation - 1H26 Adjusted EBITDA at
€734m and Adjusted Net Income at€393m - Continuous fuel supply across our countries of operation through diversified crude sourcing and flexible refinery operations
35% increase in diesel and jet fuel exports, primarily directed to short European markets- Total investments at
€226m in 2Q26 and€407m in 1H26 - Strong operating cash flow - Significant Net Debt reduction to
€1.97b n
ATHENS, Greece, Aug. 05, 2026 (GLOBE NEWSWIRE) --
CEO Statement
HELLENiQ ENERGY Holdings ("HELLENiQ ENERGY") CEO, Andreas Shiamishis, commented:
"The second quarter of 2026 was marked by continuing market disruption stemming from the ongoing conflicts in Ukraine and the Gulf, and resulting in excessive volatility in global energy markets. Throughout this period, our primary objective was - and remains - to ensure security of supply, both in Greece and across the countries we operate, while continuing to deliver for strong operational and financial performance.
Using alternative crude oil grades that had already been evaluated and pre-approved, combined with the successful completion of scheduled maintenance shutdowns and efficiency-enhancing investments totaling more than
Adding to the problems from crude oil supply disruptions, the market also experienced shortages of refined products as regional refineries were either directly affected by the conflicts or not in a position to meet increased demand as they had not invested sufficiently in maintaining their production capacity. As a result, a significant share of our production, including jet fuel, was directed to international markets, where conditions supported stronger margins. This trend is even more pronounced during the third quarter, driven by sustained demand in export markets.
Against this backdrop, we allocated part of our profitability to support the Greek market consumption during a period of rising private fuel consumption by offering a temporary price discount, leading to pump prices being reduced by
I am proud to announce that the Board of Directors approved today a special donation of
In addition to these, we continue to execute our strategic plan, improving Enerwave's operational performance while progressing our renewable energy investments, with more than
Within a very volatile environment, we are preparing our updated long-term strategy, setting the course for the next phase of growth. The current environment provides the opportunity to fund a faster and more ambitious growth plan, with stronger regional footprint, further enhancement of our production base in Greece and accelerated energy transition projects."
Operational and financial performance
HELLENiQ ENERGY announced its consolidated financial results for 2Q26, against a backdrop of increased geopolitical uncertainty in international energy markets, driven by the escalation of the Middle East crisis and the ongoing conflict between Ukraine and Russia. In this challenging operating environment, the Group remained focused on strengthening its operational resilience, proactively managing market risks, and ensuring the seamless energy supply to the markets in which it operates. At the same time, it capitalized on opportunities in international markets, and, supported by its new structure in its supply and trading business, delivered higher profitability from international trading activities.
2Q26 Adjusted EBITDA amounted to
The sharp increase in crude oil prices resulted in Reported EBITDA of
At operational level, the Group leveraged its refining flexibility and production base, promptly adjusting its feedstock mix while ensuring the normal operation of its facilities. Production remained focused on middle distillates, with diesel and aviation fuels accounting for
In Exploration and Production, HELLENiQ ENERGY signed an agreement with Chevron for its
Downstream
In Refining, Supply and Trading, 2Q26 Adjusted EBITDA amounted to
In Petrochemicals, polypropylene margins recovered during 2Q26, partly due to limited exports from the Persian Gulf. As a result, Adjusted EBITDA increased to
In Marketing, the Group's operations responded effectively to the evolving market environment, maintaining strong competitiveness and ensuring reliable customer supply, despite fluctuations in demand. Domestic Marketing delivered Adjusted EBITDA of
Power
In Renewables, Power and Gas, Adjusted EBITDA amounted to
Balance sheet and investments
Total investments in 2Q26 amounted to
Market environment
International energy markets during 2Q26 were significantly affected by the escalation of tensions in the Middle East, resulting in increased volatility in crude oil prices, refining margins and overall energy costs.
Brent's average price increased to
Domestic fuel demand reached 1.5m tons in 2Q26, down
In European natural gas markets, the average TTF benchmark price increased to
In the electricity market, total generation increased by
Strategy and outlook
In hydrocarbons, investments aimed at enhancing the competitiveness, flexibility and sustainability of the refining system are progressing, while additional projects are under evaluation to further optimize the product output. At the same time, the Group's international trading operations continue to strengthen supply flexibility and risk management capabilities in an increasingly volatile market environment. Furthermore, exploration and production activities are progressing, with the objective of assessing the development potential of prospective hydrocarbon resources in Greece while further expanding our upstream portfolio.
At the same time, the Power business continues to evolve into another growth pillar for the Group, with a strategic focus on expanding its RES portfolio, developing energy storage projects and strengthening its position in the electricity and natural gas markets. Within 3Q26, new PV and battery storage projects with a combined capacity of 250 MW are expected to become operational, increasing the Group's installed RES capacity to more than 800 MW. In addition, financing agreements under the Recovery and Resilience Facility (RRF) were signed during the second quarter for a 200 MW PV in Alexandroupoli and the 173 MW Green Hub North project, which will supply renewable electricity to the Thessaloniki Refinery, through a direct HV line.
HELLENiQ ENERGY Holdings
Key consolidated financial results for 2Q / 1H 2026 (in accordance with International Financial Reporting Standards)
| Group key financials (€m) | 2Q25 | 2Q26 | % YoY | |||
| Sales volume - Refining (000s ΜT) | 3,533 | 3,848 | 7,064 | 6,864 | - | |
| Sales volume - Marketing (000s ΜT) | 1,622 | 1,672 | 2,889 | 3,048 | ||
| Power production (GWh) | 188 | 818 | - | 361 | 1,753 | - |
| Sales | 2,433 | 4,288 | 5,166 | 7,007 | ||
| Adjusted EBITDA 1 | 221 | 442 | 100% | 401 | 734 | 83% |
| Adjusted Net Income 1 | 72 | 253 | - | 128 | 393 | - |
| Capital Employed | 4,944 | 5,427 | ||||
| Net Debt | 2,360 | 1,967 | - | |||
| Gearing (Net Debt / Capital Employed) | -11 p.p.2 | |||||
| Total Investments | 157 | 226 | 223 | 407 |
1 Adjusted for the impact of inventory valuation, non-operating/one-off items, as well as the accounting treatment of the CO₂ allowances deficit.
2 p.p.: percentage points.
Information pertaining to quarterly financial results is available at the following address:
HELLENiQ ENERGY Quarterly Results
| Financial Calendar | |
| Wednesday, 5 August 2026 | 2Q26 results announcement |
| Thursday, 12 November 2026 | 3Q26 results announcement |
| Thursday, 25 February 2027 | FY2026 results announcement |
| Thursday, 25 February 2027 | FY2026 results conference call |
Information pertaining to financial calendar is available at the following address:
HELLENiQ ENERGY Financial Calendar
More information
Investor Relations
HELLENiQ ENERGY Holdings S.A.
8A Chimarras Street, 151 25 Maroussi, Athens
Tel.: +30 210 6302526, +30 210 6302305
Email: ir@helleniq.gr
Website: www.helleniqenergy.com
About HELLENiQ ENERGY
HELLENiQ ENERGY is one of the leading integrated energy groups in Southeastern Europe. It was established as HELLENIC PETROLEUM in 1998, with a history that started with the first refinery in Greece in 1958, and has evolved into the largest company in Greece and one of the largest in Southeastern Europe, based on annual turnover. With a steady commitment to implementing an ambitious transformation strategy, it has evolved into a regional energy leader, with presence in 8 countries, growing international activities and a diversified portfolio across the full energy value chain.
HELLENiQ ENERGY is active in the production, supply and trading of all forms of energy, with increasing emphasis on clean energy and renewable sources. Its portfolio includes activities in refining, supply and trading of oil products and petrochemicals, exploration and production of hydrocarbons, as well as fuels marketing, while it is also developing dynamically in Renewables.
Following the acquisition of
HELLENiQ ENERGY is headquartered in Athens and is listed on Euronext Athens (ELPE), while it also has a secondary listing on the London Stock Exchange through Global Depositary Receipts (GDRs).
Forward-looking statements
HELLENiQ ENERGY does not generally publish forecasts regarding its future financial results. The financial forecasts included in this document are based on a number of assumptions, which depend on the occurrence of events that can neither reasonably be predicted by HELLENiQ ENERGY nor are under its control. Such forecasts constitute management estimates and should be treated exclusively as estimates. There can be no assurance that HELLENiQ ENERGY's actual financial results will be consistent with the forecasts.
In particular, actual results may differ (even materially) from forecasts due, among other things, to changes in economic conditions in Greece, fluctuations in crude oil and oil product prices in general, fluctuations in exchange rates, international petrochemical product prices, changes in supply and demand, as well as changes in weather conditions. It should therefore be emphasized that HELLENiQ ENERGY does not provide, nor could it reasonably be deemed to provide, any representation or warranty as to the accuracy or reliability of such forecasts.
This document may include certain financial information and key performance indicators (KPIs), the main purpose of which is to provide a business perspective on the Group's activities and, as such, may not be presented in accordance with International Financial Reporting Standards (IFRS).
Group Consolidated Statement of Financial Position
| As at | |||
| Note | 30 June 2026 | 31 December 2025 | |
| Αssets | |||
| Non-current assets | |||
| Property, plant and equipment | 9 | 4,441,084 | 4,155,354 |
| Right-of-use assets | 10 | 304,489 | 281,253 |
| Intangible assets | 11 | 661,150 | 524,203 |
| Investments in associates and joint ventures | 6 | 41,004 | 38,156 |
| Deferred income tax assets | 7 | 110,358 | 107,755 |
| Investment in equity instruments | 929 | 925 | |
| Derivative financial instruments | 3 | 29,554 | 32,564 |
| Loans, advances and long-term assets | 12 | 46,560 | 62,274 |
| 5,635,128 | 5,202,484 | ||
| Current assets | |||
| Inventories | 13 | 2,189,913 | 1,306,759 |
| Trade and other receivables | 14 | 1,393,810 | 1,144,370 |
| Income tax receivable | 54,660 | 45,650 | |
| Derivative financial instruments | 3 | 5,051 | 9,216 |
| Cash and cash equivalents | 15 | 814,295 | 858,251 |
| 4,457,729 | 3,364,246 | ||
| Total assets | 10,092,857 | 8,566,730 | |
| Equity | |||
| Share capital and share premium | 16 | 1,020,081 | 1,020,081 |
| Treasury shares | 16 | (3,082) | - |
| Reserves | 17 | 360,315 | 361,352 |
| Retained Earnings | 2,024,903 | 1,290,459 | |
| Equity attributable to the owners of the parent | 3,402,217 | 2,671,892 | |
| Non-controlling interests | 57,813 | 56,016 | |
| Total equity | 3,460,030 | 2,727,908 | |
| Liabilities | |||
| Non- current liabilities | |||
| Interest bearing loans and borrowings | 18 | 2,356,876 | 2,777,046 |
| Lease liabilities | 258,358 | 234,110 | |
| Deferred income tax liabilities | 182,143 | 180,386 | |
| Retirement benefit obligations | 159,917 | 157,834 | |
| Derivative financial instruments | 3 | 1,775 | 842 |
| Provisions | 32,199 | 32,336 | |
| Other non-current liabilities | 68,124 | 65,356 | |
| 3,059,392 | 3,447,910 | ||
| Current liabilities | |||
| Trade and other payables | 19 | 2,654,180 | 1,978,079 |
| Derivative financial instruments | 3 | 8,911 | 8,190 |
| Income tax payable | 324,609 | 81,234 | |
| Interest bearing loans and borrowings | 18 | 424,860 | 221,101 |
| Lease liabilities | 39,014 | 40,580 | |
| Dividends payable | 24 | 121,861 | 61,728 |
| 3,573,435 | 2,390,912 | ||
| Total liabilities | 6,632,827 | 5,838,822 | |
| Total equity and liabilities | 10,092,857 | 8,566,730 | |
Group Consolidated Statement of Comprehensive Income
| | For the period ended | For the three-month period ended | |||||||||||
| Note | 30 June 2026 | 30 June 2025 | 30 June 2026 | 30 June 2025 | |||||||||
| Revenue from contracts with customers | 4 | 7,006,636 | 5,165,712 | 4,288,374 | 2,432,890 | ||||||||
| Cost of sales | (5,475,489 | ) | (4,772,986 | ) | (3,337,279 | ) | (2,235,424 | ) | |||||
| Gross profit / (loss) | 1,531,147 | 392,726 | 951,095 | 197,466 | |||||||||
| Selling and distribution expenses | (250,640 | ) | (206,075 | ) | (132,141 | ) | (108,910 | ) | |||||
| Administrative expenses | (133,883 | ) | (114,938 | ) | (73,068 | ) | (62,814 | ) | |||||
| Exploration and development expenses | (4,321 | ) | (1,056 | ) | (1,609 | ) | (537 | ) | |||||
| Other operating income and other gains | 5 | 43,310 | 28,370 | 31,122 | 20,516 | ||||||||
| Other operating expense and other losses | 5 | (10,514 | ) | (25,345 | ) | (5,000 | ) | (14,849 | ) | ||||
| Operating profit / (loss) | 1,175,099 | 73,682 | 770,399 | 30,872 | |||||||||
| Finance income | 7,178 | 7,000 | 2,676 | 4,712 | |||||||||
| Finance expense | (63,249 | ) | (62,399 | ) | (32,437 | ) | (31,261 | ) | |||||
| Lease finance cost | (5,415 | ) | (5,005 | ) | (2,796 | ) | (2,429 | ) | |||||
| Currency exchange gains / (losses) | (10,014 | ) | (9,111 | ) | (5,124 | ) | (6,593 | ) | |||||
| Share of profit / (loss) of investments in associates and joint ventures | 6 | 2,772 | (12,186 | ) | 2,078 | (20,666 | ) | ||||||
| Profit / (loss) before income tax | 1,106,371 | (8,019 | ) | 734,796 | (25,365 | ) | |||||||
| Income tax (expense) / credit | 7 | (246,688 | ) | (10,468 | ) | (159,851 | ) | (4,096 | ) | ||||
| Profit / (loss) for the period | 859,683 | (18,487 | ) | 574,945 | (29,461 | ) | |||||||
| Profit / (loss) attributable to: | |||||||||||||
| Owners of the parent | 854,459 | (19,299 | ) | 579,071 | (29,054 | ) | |||||||
| Non-controlling interests | 5,224 | 812 | (4,126 | ) | (407 | ) | |||||||
| 859,683 | (18,487 | ) | 574,945 | (29,461 | ) | ||||||||
| Other comprehensive income / (loss): | |||||||||||||
| Other comprehensive income / (loss) that will not be reclassified to profit or loss (net of tax): | |||||||||||||
| Actuarial gains / (losses) on defined benefit pension plans | - | - | - | - | |||||||||
| Changes in the fair value of equity instruments | 17 | 4 | 79 | 10 | 37 | ||||||||
| 4 | 79 | 10 | 37 | ||||||||||
| Other comprehensive income / (loss) that may be reclassified subsequently to profit or loss (net of tax): | |||||||||||||
| Share of other comprehensive income / (loss) of associates | 17 | - | - | - | - | ||||||||
| Fair value gains / (losses) on cash flow hedges | 17 | 43,031 | 2,543 | 14,876 | 3,923 | ||||||||
| Amounts reclassified to profit or loss | 17 | (41,660 | ) | 10,041 | (43,045 | ) | 10,041 | ||||||
| Currency translation differences and other movements | 17 | (4,729 | ) | (493 | ) | (4,950 | ) | (269 | ) | ||||
| (3,358 | ) | 12,091 | (33,119 | ) | 13,695 | ||||||||
| Other comprehensive income / (loss) for the period, net of tax | (3,354 | ) | 12,170 | (33,109 | ) | 13,732 | |||||||
| Total comprehensive income / (loss) for the period | 856,329 | (6,318 | ) | 541,836 | (15,729 | ) | |||||||
| Total comprehensive income / (loss) attributable to: | |||||||||||||
| Owners of the parent | 851,201 | (7,123 | ) | 537,082 | (16,160 | ) | |||||||
| Non-controlling interests | 5,128 | 805 | 4,754 | 431 | |||||||||
| 856,329 | (6,318 | ) | 541,836 | (15,729 | ) | ||||||||
| Εarnings / (losses) per share (expressed in Euro per share) | 8 | 2.80 | (0.06 | ) | 1.90 | (0.10 | ) | ||||||
Group Consolidated Statement of Cash Flows
| For the period ended | ||||||
| Note | 30 June 2026 | 30 June 2025 | ||||
| Cash flows from operating activities | ||||||
| Cash generated from operations | 20 | 737,421 | 39,300 | |||
| Income tax (paid) / received | 7 | (5,581 | ) | (229,115 | ) | |
| Net cash generated from/ (used in) operating activities | 731,840 | (189,815 | ) | |||
| Cash flows from investing activities | ||||||
| Purchase of property, plant and equipment & intangible assets | 9.11 | (376,891 | ) | (223,219 | ) | |
| Acquisition of subsidiaries | 6 | (29,968 | ) | - | ||
| Proceeds from disposal of property, plant and equipment & intangible assets | 5 | 31,091 | - | |||
| Share capital increase of associates and joint ventures | - | (74 | ) | |||
| Cash and cash equivalents of acquired subsidiaries | 6 | 1,115 | 243 | |||
| Disposal of Associate | - | - | ||||
| Grants received | 1,048 | 118 | ||||
| Interest received | 5,528 | 7,000 | ||||
| Prepayments for right-of-use assets | - | (9 | ) | |||
| Dividends received | - | - | ||||
| Proceeds from disposal of investments in debt instruments | 10,912 | 79 | ||||
| Net cash generated from/ (used in) investing activities | (357,165 | ) | (215,862 | ) | ||
| Cash flows from financing activities | ||||||
| Interest paid on borrowings | (56,866 | ) | (62,616 | ) | ||
| Dividends paid to shareholders of the Company | 24 | (61,386 | ) | (61,597 | ) | |
| Dividends paid to non-controlling interests | (3,334 | ) | (2,329 | ) | ||
| Acquisition of treasury shares | (3,082 | ) | - | |||
| Proceeds from borrowings | 18 | 750,079 | 793,362 | |||
| Repayments of borrowings | 18 | (1,018,699 | ) | (79,777 | ) | |
| Payment of lease liabilities - principal | (23,399 | ) | (19,100 | ) | ||
| Payment of lease liabilities - interest | (5,415 | ) | (5,005 | ) | ||
| Net cash generated from/ (used in) financing activities | (422,102 | ) | 562,938 | |||
| Net increase/ (decrease) in cash and cash equivalents | (47,427 | ) | 157,261 | |||
| Cash and cash equivalents at the beginning of the period | 15 | 858,251 | 618,055 | |||
| Exchange (losses) / gains on cash and cash equivalents | 3,471 | (9,111 | ) | |||
| Net increase / (decrease) in cash and cash equivalents | (47,427 | ) | 157,261 | |||
| Cash and cash equivalents at end of the period | 15 | 814,295 | 766,205 | |||
Parent Company Statement of Financial Position
| As at | |||||
| Note | 30 June 2026 | 31 December 2025 | |||
| Assets | |||||
| Non-current assets | |||||
| Property, plant and equipment | 560 | 977 | |||
| Right-of-use assets | 10 | 5,116 | 6,620 | ||
| Intangible assets | 11 | 13 | |||
| Investments in subsidiaries, associates and joint ventures | 6 | 2,127,639 | 2,110,996 | ||
| Deferred income tax assets | 9,446 | 8,968 | |||
| Loans, advances and long-term assets | 12 | 179,295 | 167,174 | ||
| 2,322,067 | 2,294,748 | ||||
| Current assets | |||||
| Trade and other receivables | 14 | 151,719 | 129,728 | ||
| Income tax receivables | 2,407 | 2,407 | |||
| Cash and cash equivalents | 5,897 | 6,483 | |||
| 160,023 | 138,618 | ||||
| Total assets | 2,482,090 | 2,433,365 | |||
| Equity | |||||
| Share capital and share premium | 16 | 1,020,081 | 1,020,081 | ||
| Treasury Shares | 16 | (3,082 | ) | - | |
| Reserves | 17 | 329,669 | 327,446 | ||
| Retained Earnings | 977,429 | 968,247 | |||
| Total equity | 2,324,097 | 2,315,774 | |||
| Liabilities | |||||
| Non-current liabilities | |||||
| Lease liabilities | 1,685 | 3,238 | |||
| Other Long Term Liabilities | - | - | |||
| 1,685 | 3,238 | ||||
| Current liabilities | |||||
| Trade and other payables | 30,366 | 47,789 | |||
| Income tax payable | 496 | 1,279 | |||
| Lease liabilities | 3,584 | 3,557 | |||
| Dividends payable | 24 | 121,861 | 61,728 | ||
| 156,307 | 114,353 | ||||
| Total liabilities | 157,992 | 117,591 | |||
| Total equity and liabilities | 2,482,089 | 2,433,365 | |||
Parent Company Statement of Comprehensive Income
| For the period ended | For the three-month period ended | ||||||||||
| Note | 30 June 2026 | 30 June 2025 | 30 June 2026 | 30 June 2025 | |||||||
| Revenue from contracts with customers | 18,904 | 16,940 | 7,100 | 7,059 | |||||||
| Cost of sales | (17,185 | ) | (15,400 | ) | (6,454 | ) | (6,417 | ) | |||
| Gross profit / (loss) | 1,719 | 1,540 | 646 | 642 | |||||||
| Administrative expenses | (3,165 | ) | (3,782 | ) | (1,560 | ) | (2,179 | ) | |||
| Other operating income and other gains | 5 | 20,369 | 13,554 | 14,021 | 7,230 | ||||||
| Other operating expense and other losses | 5 | (14,396 | ) | (14,177 | ) | (8,156 | ) | (7,742 | ) | ||
| Operating profit /(loss) | 4,527 | (2,865 | ) | 4,951 | (2,049 | ) | |||||
| Finance income | 2,985 | 8,173 | 1,512 | 4,836 | |||||||
| Finance expense | (37 | ) | (24 | ) | (27 | ) | (16 | ) | |||
| Lease finance cost | (111 | ) | (230 | ) | (53 | ) | (164 | ) | |||
| Currency exchange gain / (loss) | (1 | ) | 15 | - | 10 | ||||||
| Dividend income | 24 | 124,006 | 181,364 | - | 5,000 | ||||||
| Profit / (loss) before income tax | 131,369 | 186,433 | 6,383 | 7,617 | |||||||
| Income tax (expense) / credit | 7 | 68 | (1,361 | ) | 352 | (687 | ) | ||||
| Profit / (loss) for the period | 131,437 | 185,072 | 6,735 | 6,930 | |||||||
| Other comprehensive income / (loss): | |||||||||||
| Other comprehensive income / (loss) that will not be reclassified to profit or loss (net of tax): | |||||||||||
| Actuarial gains / (losses) on defined benefit pension plans | - | - | - | - | |||||||
| Other comprehensive income / (loss) for the year, net of tax | - | - | - | - | |||||||
| Total comprehensive income / (loss) for the period | 131,437 | 185,072 | 6,735 | 6,930 | |||||||
Parent Company Statement of Cash Flow
| For the period ended | |||||
| Note | 30 June 2026 | 30 June 2025 | |||
| Cash flows from operating activities | |||||
| Cash generated from / (used in) operations | 20 | 20,199 | 8,005 | ||
| Income tax (paid) / received | (1,194 | ) | 3,178 | ||
| Net cash generated from / (used in) operating activities | 19,006 | 11,183 | |||
| Cash flows from investing activities | |||||
| Purchase of property, plant and equipment & intangible assets | - | (56 | ) | ||
| Participation in share capital increase of subsidiaries, associates and joint ventures | (28,631 | ) | (8,258 | ) | |
| Acquisition of subsidiary | - | - | |||
| Loans and advances to Group Companies | 12 | (5,000 | ) | (56,640 | ) |
| Interest received | 5,440 | 9,726 | |||
| Dividends received | 24 | 68,892 | 106,206 | ||
| Proceeds from disposal of property, plant and equipment & intangible assets | 6,120 | - | |||
| Net cash generated from / (used in) investing activities | 46,821 | 50,978 | |||
| Cash flows from financing activities | |||||
| Interest paid | (37 | ) | - | ||
| Dividends paid to shareholders of the Company | (61,386 | ) | (61,597 | ) | |
| Acquisition of treasury shares | (3,082 | ) | - | ||
| Payment of lease liabilities - principal | (1,796 | ) | (1,304 | ) | |
| Payment of lease liabilities - interest | (111 | ) | (230 | ) | |
| Net cash generated from / (used in) financing activities | (66,412 | ) | (63,131 | ) | |
| Net increase / (decrease) in cash and cash equivalents | (586 | ) | (970 | ) | |
| Cash and cash equivalents at the beginning of the period | 6,483 | 3,714 | |||
| Net increase / (decrease) in cash and cash equivalents | (586 | ) | (970 | ) | |
| Cash and cash equivalents at end of the period | 5,897 | 2,744 | |||
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