For the 1st quarter of 2024, ORLEN Lietuva Group has recorded:
- USD 1.55 billion revenue;
- USD 58 million net profit;
- USD 87.5 million EBITDA LIFO.
Total revenues of ORLEN Lietuva Group for the first three months of this year reached USD 1.55 billion, whereas the net profit USD 58 million. EBITDA LIFO for the 1st quarter of 2024 was USD 87.5 million. The major impact on such financial performance was made by less favorable macro situation along with lower prices of crude and petroleum products on the global market. Refinery capacity utilization during Q1 2024 was 80 percent, processing slightly over 2 million tons of feedstock.
ORLEN Group is an integrated multi-utility group listed in prestigious global rankings such as Fortune Global 500 and Platts TOP250. It was the first company in the region to declare a commitment to achieve net zero carbon footprint by 2050. The recent acquisitions place the Group among the world's 150 largest corporations. ORLEN Capital Group operates on 10 markets: Poland, Czech Republic, Germany, Lithuania, Slovakia, Hungary, Austria, Canada, Norway, and Pakistan.
ORLEN Lietuva inf.