Motoroil reports improved results for 2017

Tuesday, 13 March 2018 12:52
UPD:12:54
EUROKINISSI/ΠΑΠΑΔΟΠΟΥΛΟΣ ΒΑΣΙΛΗΣ

Greece-based Motor Oil reported increased turnover for 2017 by 1.49 billion euros, or 23.39 percent higher than results in 2016.

Total turnover exceeded 7.84 billion euros in 2017, up from 6.36 billion euros in 2016.

The group's EBITDA reached 620.54 million euros, up from 603.49 million euros in 2016, an increase of 2.83 percent. Pre-tax profits were recorded at 450.3 million euros, up from 428.76 million euros in 2016.

After-tax profits for the group reached 313.55 million euros in 2017, up from 297.84 million euros in 2016.

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