Motor Oil Hellas Group's turnover for the first quarter of the year stood at €2.979 billion, down 10% from €3.307 billion in the first quarter of 2023.

EBITDA was €354 million, down 11% compared to €397 million in the first quarter of 2023. Profit before tax amounted to €248 million (from €305 million). 

In terms of adjusted EBITDA, adjusted EBITDA amounted to €334 million, down 25% compared to €447 million in 2023. Adjusted net profit amounted to €175 million, down 37% compared to a year ago. 

Investments in the first quarter amounted to €181 million compared to €75 million last year, with net debt reaching €1.966 billion compared to €1.518 billion at the end of 2023.