Gazprom Neft increases net profit by 29% in H1 2019
Net profit for H1 2019 of RUB215.0 billion — a 29.2% increase year-on-year Adjusted EBITDA* up 10.8% year-on-year, reaching RUB408.1 billion Net debt to EBITDA ratio as at end H1 standing at 0.54x Gazprom Neft today announces its consolidated IFRS financial results for the first six months (H1) and second quarter (Q2) of 2019. Gazprom Neft’s revenue in the first six months …
Gazprom Neft Doubles FY2018 Dividend Payments, to RUB30 Per Share
The Gazprom Neft Annual General Meeting of Shareholders has taken place in St Petersburg, with shareholders approving the 2018 Annual Report and Accounts. The company’s shareholders also supported the Board of Directors’ recommendation that dividends be paid in the amount of RUB30 per ordinary share (including a dividend of RUB22.05 per ordinary share based on the first nine months of FY2018). …
The Gazprom Neft Board Reviewed the Performance of the Company’s Investment Programme in 2018
The Gazprom Neft Board of Directors has reviewed information on the company’s budgetary and investment programme performance in 2018. Gazprom Neft showed considerable improvement in its financial and operational performance in 2018, both year-on-year and against target, with the company’s activities in many respects exceeding industry averages and making a significant contribution to achieving Gazprom Neft’s strategic goals. Growth …