MOL Group Q2 results: strongest quarter ever, full-year guidance upgraded
08/09/2021 • Customer news
MOL Group has announced its financial results for H1 and Q2 2021. In the first six months MOL Group delivered USD 1,559mn EBITDA while in Q2 Clean CCS EBITDA jumped by 153% year-on-year.
This way, it has reached an all-time high with a value of USD 893mn, driven by stronger oil macro, record high petrochemical margins and the easing of Covid-related restrictions with a subsequent positive effect on sales volumes. Strong Q2 EBITDA allows MOL Group to raise its 2021 full year guidance to „around USD 3 bn” from „around USD 2.3 bn”.
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