Management of Grupa LOTOS S.A. hereby publishes estimates of the LOTOS Group’s 3Q 2019 consolidated operating results:
1. Estimated consolidated revenue: PLN 7.9bn
2. Estimated consolidated normalised LIFO-based EBITDA: PLN 0.86bn, including:
a) Estimated Refining and Marketing Business normalised LIFO-based EBITDA: PLN 0.78bn
b) Estimated Exploration and Production Business normalised LIFO-based EBITDA: PLN 0.07bn
3. Estimated consolidated normalised LIFO-based EBIT: PLN 0.63bn
4. LIFO effect: PLN 0.1bn (decreasing the reported operating results).
Attachment enclosed LOTOS Group’s 3Q 2019 operating data.
The amounts presented are initial estimates, subject to revision. Their final amounts will be published in the 3 quarter 2019 report, due to be issued on October 30th 2019.
Legal basis: Article 17(1) of MAR – Inside information