wiredesk

Repsol first-half net profit more than triples to €2.2 billion

· Business ESP
Part of European Corporate Earnings

Repsol posted a first-half net profit of €2.201 billion, more than tripling the €603 million earned a year earlier, as the Spanish energy group benefited from stronger refining margins and higher oil prices.

Adjusted net income reached €2.711 billion, up from €1.155 billion in the same period of 2025, while EBITDA climbed 156.5 percent to €6.135 billion. The company allocated €2.4 billion to rebuilding crude and refined-product inventories to safeguard supply. Net debt stood at €3.667 billion at the end of June, down €1.133 billion from the close of the first quarter.

The board approved a second share-buyback programme of up to €500 million, adding to a recently completed €350 million repurchase, and signalled a third round is expected in October.

Covered by 7 outlets across 2 countries

Sources

The reporting this story is built on

lavanguardia.com ESP Repsol multiplica por 3,7 sus beneficios en el primer semestre hasta los 2.201 milloneseuropapress.es ESP Repsol dispara sus ganancias a 2.201 millones a junio y acelera la retribución a los accionistasobservador.pt PRT Repsol triplica lucros para 2.201 milhões de euros até junho
Additional coverage

Others reporting the same event

jornaldenegocios.pt PRT Lucros da Repsol dispararam 265% até junho à boleia da subida do petróleoelpais.com ESP Repsol gana 2.202 millones, un 265% más, por las fuertes subidas de los carburantes

Related stories

Banco Santander first-half profit jumps 31% on Polish unit sale Banco Santander reported a record first-half profit of 8.97 billion euros in 2026, up 31% from a year earlier, boosted by a 1.895 billion euro capital gain from… Bankinter first-half net profit rises 12% to €605 million Spanish lender Bankinter reported a first-half net profit of €605 million, a 12% increase over the same period in 2025, as pre-tax earnings climbed 11.4% to €85… Equinor profit nearly doubles to $11.5 billion on higher oil and gas prices Equinor reported a near-doubling of quarterly profit, with adjusted earnings before tax reaching $11.48 billion in the second quarter of 2026, surpassing analys… Norwegian swings to first-half loss as fuel costs and one-off items weigh on results Norwegian Air Shuttle posted a net loss of 916 million Norwegian crowns ($82.4 million) in the first half of 2026, reversing a profit of 175 million crowns a ye… Goldman Sachs second-quarter profit nearly doubles on trading surge Goldman Sachs posted a near-doubling of second-quarter profit as a broad rally in trading revenue propelled the Wall Street bank to its strongest quarterly perf… Novartis Q2 net profit falls 19% despite 3% sales growth Novartis reported a 19% drop in second-quarter net profit to $3.26 billion, weighed down by higher taxes and interest expenses even as the Swiss drugmaker poste…