Motor Oil (Hellas) Corinth Refineries
Logotype for Motor Oil (Hellas) Corinth Refineries S.A

Motor Oil (Hellas) Corinth Refineries (MOH) investor relations material

Motor Oil (Hellas) Corinth Refineries Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Motor Oil (Hellas) Corinth Refineries S.A
Q2 2026 earnings summary26 Aug, 2026

Executive summary

  • Revenue for H1 2026 rose 43% year-over-year to €7.52 billion, with EBITDA surging 170% to €1.05 billion and net profit after tax increasing to €689.3 million, driven by high refining margins, robust demand, and strong international sales.

  • Operational flexibility was demonstrated by processing 13 crude grades and shifting to an export-oriented sales mix as European supply tightened.

  • Export and bunkering sales accounted for over 78% of total sales volume, highlighting a strong international orientation.

  • Free cash flow improved to €683 million, and net debt was reduced to €814 million from €1.96 billion at FY25.

  • Return on Equity (ROE) for the Group was 29.99% (TTM), up from 3.08% a year earlier.

Financial highlights

  • Revenues for H1 2026 were €7,524 million, up from €5,266 million in H1 2025; Q2 2026 revenues were €4,166 million.

  • EBITDA for H1 2026 was €1,047 million, and earnings after tax & minorities reached €689.3 million; EPS was €6.33.

  • Adjusted EBITDA for H1 2026 was €967 million, and adjusted net income was €623 million, both excluding inventory valuation impacts.

  • Net debt at H1 2026 was €814 million, a significant reduction from €1,959 million in H1 2025; net debt to EBITDA ratio at Group level was 0.47.

  • Operating cash flow reached €816 million; free cash flow was €683 million in H1.

Outlook and guidance

  • Refining margins remain strong in Q3, supported by tight product balances and ongoing supply disruptions.

  • Planned maintenance of hydrocracker and FCC units in September-October will affect output mix but not total sales volumes.

  • CapEx guidance for 2026 revised down to €420 million from €650 million, reflecting renewables divestments and project timing.

  • Long-term renewables EBITDA target of €250 million and 2 GW capacity by 2030 remains, with more back-loaded investment.

  • Subsidiaries in retail fuel, renewables, and lubricants are projected to deliver higher EBITDA in H2 2026 compared to H1.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Motor Oil (Hellas) Corinth Refineries earnings date

Logotype for Motor Oil (Hellas) Corinth Refineries S.A
Q3 202619 Nov, 2026
Motor Oil (Hellas) Corinth Refineries
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Motor Oil (Hellas) Corinth Refineries earnings date

Logotype for Motor Oil (Hellas) Corinth Refineries S.A
Q3 202619 Nov, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage