Gasoline sales grew 4.7% on the year in the first quarter, to 38,000 tons, while diesel sales grew 3.1%, to 132,000 tons.
MOL Group on Friday reported an operating profit of $664 million for the first quarter, up 7% on the year, despite the third wave of the Covid-19 pandemic and the subsequent travel restrictions and lockdowns in Central and Eastern Europe.
Strong oil and gas prices, record high petrochemical margin and the good performance of Consumer Services contributed to the results.
“We delivered over $660 million EBITDA in Q1 2021, a great achievement considering the pandemic situation during these past months. This strong performance is the product of previous strategic initiatives combined with our integrated resilient business model. With the vaccination and gradual ease of lockdowns in our region, we have reasons to be optimistic. I am glad that the dividend payment was resumed after last year’s cancellation, as we share our good results with our investors,” said group Chairman-CEO Zsolt Hernádi.
MOL owns 234 service stations in Romania.