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REPYY Repsol SA (QX)

15.46
0.09 (0.59%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Repsol SA (QX) USOTC:REPYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.09 0.59% 15.46 15.18 15.72 15.54 15.41 15.4501 50,211 21:00:29

Repsol 2Q Net Profit Dropped

24/07/2019 7:42am

Dow Jones News


Repsol (QX) (USOTC:REPYY)
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From May 2019 to May 2024

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   By Nathan Allen 
 

Repsol SA (REP.MC) said Wednesday that its net profit fell sharply in the second quarter compared with the same period last year, when it reported a capital gain on the sale of its stake in Naturgy Energy Group SA (NTGY.MC).

The Spanish oil-and-gas company posted a quarterly net profit of 525 million euros ($586.5 million) compared with EUR936 million a year earlier.

Adjusted net income, which excludes non-recurring items, dropped to EUR497 million from EUR549 million, the company said. This compares with company-compiled consensus of EUR478 million.

The company said it will submit a proposal to shareholders to reduce its share capital by 5% through the cancellation of treasury shares.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

July 24, 2019 02:27 ET (06:27 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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