Motor Oil (Hellas) Corinth Refineries SA (OTCPK:MOHCY)
$ 10.58 0 (0%) Market Cap: 2.28 Bil Enterprise Value: 4.23 Bil PE Ratio: 7.20 PB Ratio: 0.82 GF Score: 79/100
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Q2 2024 Motor Oil Hellas Corinth Refineries SA Earnings Call Transcript

Aug 29, 2024 / 01:30PM GMT
Release Date Price: $9.72 (-20.33%)
Operator

Ladies and gentlemen, thank you for standing by. I am Costantino, your Chorus Call operator. Welcome and thank you for joining the Motor Oil conference call and live webcast to present and discuss the first half 2024 financial results.

At this time, I would like to turn the conference over to Mr. Petros Tzannetakis, Deputy Chief Executive Officer; and Ms. Mary Psyllaki, Investor Relations Officer. Mr. Tzannetakis, you may now proceed.

Petros Tzannetakis
Motor Oil Hellas Corinth Refineries SA - Deputy Chief Executive Officer

Good morning, good evening, ladies and gentlemen, to all of you, from all of us here. We are three, four, five, and another five -- 12 people in the room, so I'm in good company. Half year 2024 and Q2 2024 results.

Slide 5, some highlights. We delivered the strong operating profitability in the second quarter and the first half of the year. Of course, it was an easy comparison to last -- compared to last year when we had completed the major scheduled maintenance in the refinery. Half year EBITDA of EUR639 million,

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