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Helleniq Energy 2Q26 adjusted EBITDA doubles to €442 million; sales rise 76% to €4.29 billion
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Helleniq Energy 2Q26 adjusted EBITDA doubles to €442 million; sales rise 76% to €4.29 billion
  • Helleniq Energy posted 2Q26 adjusted EBITDA (non-IFRS) of €442 million, more than doubled from a year earlier; adjusted net income rose to €253 million.
  • Reported EBITDA (IFRS) climbed to €849 million, mainly reflecting positive inventory valuation effects tied to higher crude prices and elevated inventory levels.
  • Refining, Supply and Trading adjusted EBITDA (non-IFRS) rose 95% to €318 million; sales volume increased 9% to 3,848,000 MT.
  • Total investments rose 44% to €226 million; net debt fell to €1.97 billion, down about €0.7 billion versus the prior quarter.
  • CEO Andreas Shiamishis cited alternative crude sourcing and stronger international trading; the board okayed a €25 million wildfire relief donation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Helleniq Energy Holdings SA published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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