Orlen’s disastrous results! The company’s profit was lower by more than PLN 12.7 billion

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Orlen’s disastrous results! The company’s profit was lower by more than PLN 12.7 billion

Orlen Group’s net profit for the six months of this year amounted to PLN 2,761 million and was PLN 12,729 million lower than the corresponding period of the previous year – the company announced in the consolidated half-year report.

After accounting for income tax in the amount of PLN 2,773 million, Orlen Group’s net profit for six months of 2024 amounted to PLN 2,761 million and was lower by PLN 12,729 million year-on-year – the company reported in a stock exchange report.

In a press release, the company announced that Orlen Group, despite the increasing pressure from the macroeconomic environment, closed the second quarter of this year with an operating profit of EBITDA LIFO, excluding the effect of regulations, at the level of PLN 11.3 billion, up 8% year-on-year. As emphasized, the energy segment had a positive impact on the result.

The increase in volumes in the mining segment, which offset the negative macro impact, also contributed to achieving a good result.

– Orlen noted at the same time. The company also calculated that during the six months of this year it allocated PLN 14 billion for investments that support the energy transformation and increase Poland’s energy security.

Sasin ironically: “Who would have expected it!”

Jacek Sasin commented on Orlen’s disastrous results under Donald Tusk’s coalition government in Platform X.

Orlen’s profit in the first half of the year: 2023 – PLN 15.5 billion, 2024 – PLN 2.8 billion. Tusk experts did it! Who would have guessed!

– wrote on platform X Jacek SasinPiS MP.



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