Galp Q1 adjusted net down 8.4 percent
LISBON |
LISBON May 20 (Reuters) - Portuguese oil company Galp Energia (GALP.LS) posted on Tuesday a 8.4 percent decline in first quarter net profit to 109 million euros.
Earnings before interest, taxes, depreciation and amortisation rose 3.3 percent to 234 million euros.
Analysts polled by Reuters had predicted adjusted net profit of 104 million euros and EBITDA of 218 million euros. (Reporting by Axel Bugge)
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