José Manuel Loureda and Manuel Raventós appointed members of the Repsol YPF Board of directors
Press Release31/01/2007 00:00
The new Vicechairmen are Luís del Rivero and Jordi Mercader, nominated by Sacyr Vallehermoso and \"la Caixa\" respectively.
The General Shareholders Meeting appoints two new independent Board members, Luis Carlos Croissier and Ángel Durández.
Repsol YPF's net income reaches 3,124 million euros in 2006.
The gross dividend grew 20% reaching 0.72 euros per share.
Debt was reduced by 2.5% and financial charges by 33.2%.
Investments increase 54.4%, reaching 5,737 million euros.
Repsol YPF's advances in its Strategic Plan strengthen its competitive advantages.
The new growth areas (Gulf of Mexico, Caribbean and North Africa) and the liquefied natural gas (LNG) projects, in conjunction with the expanded capacity in the refining and chemical systems, will be the growth engines for the coming years.
Repsol YPF has been classified as the most transparent oil company in the World by the Dow Jones Sustainability World and Dow Jones STOXX Sustainability indexes.