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HELLENiQ ENERGY Holdings S.A Announces 3Q 2026 Financial Results

Published by Markets Insider (Business Insider) · United States 1 h ago
HELLENiQ ENERGY Holdings S.A Announces 3Q 2026 Financial Results
Markets Insider (Business Insider)

Detailed summary

ATHENS, GREECE / ACCESS Newswire / November 12, 2026 / Third Quarter / Nine-Month 2026 ResultsAdjusted EBITDA of €1,162m in 3Q, driven by record-high benchmark refining margins,…

ATHENS, GREECE / ACCESS Newswire / November 12, 2026 / Third Quarter / Nine-Month 2026 Results

Adjusted EBITDA of €1,162m in 3Q, driven by record-high benchmark refining margins, flexible refinery operations and strong exports contribution - Interim dividend of €0.40 per share - Continued support for consumers and society through fuel discounts and targeted initiative

CEO StatementHELLENiQ ENERGY Holdings ("HELLENiQ ENERGY") CEO, Andreas Shiamishis, commented:

"A quarter full of upsets on geopolitics, energy markets and difficult physical fuels market supply in our region, with product shortages becoming more profound. The biggest achievement was the uninterrupted availability and high production runs of our refineries with flexibility to take in alternative crude grades and maximize the production of middle distillates, particularly in diesel and jet fuel, amid significant supply shortages. We increased exports to neighboring countries where additional supply was needed, while fully covering demand in Greece, contributing to security of supply across the region.

At the same time, we shared part of the value created with our customers and society, through targeted discounts, promotional initiatives and enhanced social support programs. More than €50m was allocated to auto fuel discounts in Greece, while support was extended to heating oil as part of a broader initiative expected to exceed €100m across Greece and our international markets. Combined with government measures, these actions helped support consumers and the market. We also strengthened our social contribution through €30m of targeted initiatives, including support for wildfire-affected communities and donations to public hospitals and universities.

While delivering attractive returns to our shareholders remains a key priority, we consider disciplined reinvestment in growth, aligned with our strategy, equally important to building an even stronger Group for the future.

At the same time, strong profitability…

As…

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