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Operating profit surpasses 5 billion euros

Repsols net income rises 15%

Press Release 13/11/2008 15:26
  • Net income reaches 2.816 billion euros.   
  • Income from operations rises 19% to 5.072 billion euros. 
  • Profit from Repsol’s three core businesses (upstream, downstream and LNG) advances 20%. 
  • Exploration and Production earnings rise 41%. 
  • YPF’s operating profit rises 23%, to 1.046 billion euros.  
  • The year’s highlights include the oil discoveries of Guara (Brazil) and Kinteroni (Peru) and the start of work to enlarge of the Sines chemical complex in Portugal. 
  • Repsol Chairman Antonio Brufau said the results “highlight the strength of Repsol’s businesses and the ability to continue growing profitability in a complex environment.”   
13 November 2008 - 00:00 CET | PDF | 148.64 KB