Repsol earns over EUR 2.5 billion, twice as much as the previous year
- In the midst of the energy crisis, Repsol has earned EUR 2.539 million in the first half of the year. Last year, in the same period, it won EUR 1.235 million, less than half of what it won this year. The increase in the price of hydrocarbons has led, among other things, to an increase in profits.
Arguing for the war between Russia and Ukraine, we are experiencing an increase in the prices of raw materials and hydrocarbons. However, Repsol has gained twice the profits gained in the first half of 2021. In a statement, the company said that with what it won the previous year and this year, “they have compensated part of the 2019 and 2020 exercises.”
Repsol has pointed out that almost half of the profits obtained, EUR 1,206 million, are maintained by the company as a strategic reserve for Spain. He stresses that the results have strengthened his ability to ensure supply and help him maintain it in the same situation created by the coronavirus pandemic and the war in Ukraine.
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