Unipetrol 2006 profit halves but beats forecast

01.03.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, March 1 (Reuters) - Czech oil group Unipetrol posted a smaller-than-expected drop in 2006 net profits on Thursday, as the company beat...

...market expectations with 17 percent year-on-year growth in revenue.

Unipetrol, 63 percent-owned by Polish refiner PKN Orlen , said that excluding minority interests, net profit reached 1.62 billion crowns ($75.81 million), less than half the 3.43 billion crowns for 2005.

Six analysts surveyed by Reuters gave an average profit estimate of 1.52 billion crowns.

Revenue rose to 94.59 billion crowns, versus the average consensus forecast of 92.37 billion crowns.

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Články ze sekce: Zpravodajství ČTK